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Markets Wrap| Naira trades at N421.50/$ at the I&E window, Treasury...

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TUE, 28 JUNE, 2022-theGBJournal| At the money market, the overnight lending rate was unchanged at 14.0%, in the absence of any significant funding pressure...

Domestic bourse snaps five-day winning streak as the benchmark index shed...

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TUES, 28 JUNE, 2022-theGBJournal| Today, the domestic bourse ended its five-day winning streak as the benchmark index shed 0.31% to close at 51,803.98 points....

African Development Fund approves $2 million technical grant to boost electricity...

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TUES, 28 JUNE, 2022-theGBJournal| The Board of Directors of the African Development Fund on 24 June approved a technical assistance grant of $2 million...

Building resilient African cities is possible with government, private sector partnership...

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TUES, 28 JUNE, 2022-theGBJournal| In view of the projection that the population in African cities will expand beyond the available resources and infrastructure, the...

Marginal oilfields winners receive prospecting licences as FG pockets trillions from...

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TUES, 28 JUNE, 2022-theGBJournal| The Federal Government of Nigeria today presented Petroleum Prospecting Licences (PPL) to 48 successful bidders of the Marginal Fields (MFs)...

Analysis| Nigeria’s MSCI Index eviction and potential impact

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TUES, 28 JUNE, 2022-theGBJournal| On 23 June MSCI Inc., a global provider of equity, fixed income and real estate indexes, announced that it is...

Quick Take| Different strokes for bonds and T-Bills

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TUES, 28 JUNE, 2022-theGBJournal| Last week, trading in the Federal Government of Nigeria (FGN) bond secondary market was bullish as market participants sought to...

Nigeria, Niger and Algeria reach milestone for Trans-Saharan Gas pipeline project

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MON, 27 JUNE, 2022-theGBJournal| The Ministry of Petroleum of the Republic of Niger is proud to announce that the country has reached a new...

ECOWAS sensitises Member States on new regional infrastructure masterplan

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…The ECOWAS Regional Infrastructure Masterplan was approved by the Authority of Heads of State and Governments during the 60th Summit held in December 2021 MON,...

Economic challenges and CBN’s policies

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By Arize Nwobu MON, 27 JUNE, 2022-theGBJournal| In a recent report entitled ‘’Development Updates on Nigeria’’, the World Bank highlighted the current challenges of the...