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NGX All-Share Index rises 0.5%, strengthening day-earlier gains
WED. 01 FEB, 2023-theGBJournal| The Nigerian equities market sustained its bullish momentum, as buying interests in SEPLAT (+10.0%) and GEREGU (+8.5%) buoyed a third...
MTN Nigeria’s profit grows by 21.1% to N361.5 billion in FY-22...
WED. 01 FEB, 2023-theGBJournal| MTN Nigeria (MTNN) Tuesday reported that it added 7.2 million more mobile subscribers in 2022 to its network, swelling its...
Landmark 5,700 hectares Hadejia Valley Irrigation Scheme in Jigawa State will...
WED. 01 FEB, 2023-theGBJournal| The newly inaugurated 5,700 hectares Hadejia Valley Irrigation Scheme in Auyo Local Government Area of Jigawa State will significantly contribute...
Focus| Verve Card continues to push the boundaries of payment
WED. 01 FEB, 2023-theGBJournal| There's always a first at something and this is the case of Nigeria's and Africa's first domestic card scheme –...
Moody’s downgrades ratings of nine major Nigerian banks
WED. 01 FEB, 2023-theGBJournal| Credit rating agency Moody’s downgraded on Tuesday the credit rating of nine major Nigerian banks: Access Bank Plc, Zenith Bank...
Markets Wrap| NGX All-Share Index gains 0.2% as sentiments remained positive...
TUE. 31 JANUARY, 2023-theGBJournal| Sentiments remained positive in the local bourse as demand for GEREGU (+10.0%) supported market performance. Accordingly, the All-Share Index inched...
Weak topline growth undermines Ardova Plc’s Q4-22 earnings as profit plunges...
TUE. 31 JANUARY, 2023-theGBJournal| ‘’ARDOVA’s Q4-22 performance remained unimpressive, underscoring the marketers’ struggle for positive earnings since Q2-22,’’ says analysts after the company reported...
Flour Mills of Nigeria Plc grows revenue by 30.2% y/y in...
TUE. 31 JANUARY, 2023-theGBJournal| Flour Mills of Nigeria Plc (FLOURMILL) published its 9M-23 unaudited results Monday, reporting Q3-23 standalone EPS of N0.90 (Q3-22: N1.57)...
MTN Group CEO, Ralph Mupita, lauds NGX for democratising access to...
TUE. 31 JANUARY, 2023-theGBJournal| MTN Group Chief Executive Officer, Ralph Mupita, has lauded Nigerian Exchange Limited (NGX) for democratising access to financial securities, thereby...
IMF hikes Nigeria’s growth forecast to 3.2%
TUE. 31 JANUARY, 2023-theGBJournal| The International Monetary Fund (IMF) Monday hiked Nigeria's growth forecast to 3.2% in 2023, citing measures put in place by...
