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Markets Wrap: Insurance, banking and consumer goods indices fall as ASI...

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…Overnight lending rate expands by 50bps to 15.3% WED 28 APRIL, 2021-theGBJournal-Mixed sentiments persisted in the local bourse, as sell-off of large cap DANGCEM (-7.3%)...

Markets Wrap: Transcorp most traded stock as All-Share Index closes 0.1%...

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MON 26 APRIL, 2021-theGBJournal- The domestic equities market opened the week with positive sentiments, as buying interests in NB (+1.6%) and WAPCO (+1.1%) spurred...

Labour Union leader Issa Aremu urges El-Rufai to withdraw mass sack...

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By Audrey Lotechukwu MON 26 APRIL, 2021-theGBJournal- The IndustriALL Global Union has called on Governor Nasir El-Rufai to “reconsider and withdraw” the mass sack of...

Quick Take: Economy’s fragile state will continue to hamper non-oil revenue

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SAT 24 APRIL, 2021-theGBJournal- According to the January 2021 economic report of the Central Bank of Nigeria (CBN), the retained revenue of the FGN...

FX WATCH: FX reserves down US$131.97 million w/w to US$35.12 billion,...

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SAT 24 APRIL, 2021-theGBJournal- Nigeria’s FX reserves recorded its first decline in five weeks, as it fell by USD131.97 million w/w to USD35.12 billion...

Treasury bills market depressed by Illiquidity as yield across instruments end...

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SAT 24 APRIL, 2021-theGBJournal- The Treasury bills secondary market remained bearish following the persistent illiquidity in the interbank market. As a result, the average...

Money Market: Overnight rate jumps by 15.83 ppts w/w to 28.3%...

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SAT 17 APRIL, 2021-theGBJournal-The overnight (OVN) rate jumped by 15.83 ppts w/w to 28.3% as outflows for CRR debit, weekly OMO (NGN20.00 billion) and...

FX WATCH: FX reserves records another week of accretion, grows by...

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SAT 17 APRIL, 2021-theGBJournal-Nigeria’s FX reserves recorded another accretion this week, as it grew by USD163.58 million w/w to USD35.20 billion (14th April 2021). The...

QUICK TAKE: The false equivalence between printing of Naira by CBN...

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By theGBJournal Editorial Board FRI 16 APRIL, 2021-theGBJournal- It is tragic that the first response of the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele...

Markets Wrap: Stocks close lower with Insurance, Banking and Industrial Goods...

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THUR 15 APRIL, 2021-theGBJournal-Negative sentiments resurfaced in the local bourse today, as the benchmark index declined by 0.2% to 38,571.89 points following profit-taking on...