Tag: Nigeria
Quick Take: NNPC income and subdued FAAC remittance
SAT 07 AUG, 2021-theGBJournal- The Nigerian National Petroleum Corporation (NNPC) is set to withhold NGN117.41 billion from the three tiers of government this month...
Money Market: CBN set to roll over N51.49 billion at T-bills...
SAT 07 AUG, 2021-theGBJournal- The overnight (OVN) rate expanded by 12.75ppts w/w to 20.5%. The rate remained in the single-digit territory through most part...
FX Watch: Reserves at $33.54 billion, closing higher for the third...
SAT 07 AUG, 2021-theGBJournal- Nigeria’s FX reserves closed higher for the third consecutive week, as the gross reserves position increased by USD137.23 million w/w...
Equities: All-Share Index advanced by 0.7% w/w after corporate earnings bolstered...
SAT 07 AUG, 2021-theGBJournal- In line with our expectations, positive sentiments returned to the local bourse this week as the gradual release of corporate...
Nigerian businesses have improved gender equality but more must be done,...
FRI 06 AUG, 2021-theGBJournal- Nigerian companies scored better than global averages for some aspects of women’s participation in the workforce, but will need to...
Markets Brief: Bond average yield unchanged at 11.9%, Naira gains 0.4%...
WED 04 AUG, 2021-theGBJournal- The naira was flat at NGN411.50/USD at the I&E window but appreciated by 0.4% to NGN506.00/USD in the parallel market.
The...
Nigeria picks eight advisers for Eurobonds issuance
By Audrey Lotechukwu
WED 04 AUG, 2021-theGBJournal- The Federal Executive Council (FEC) today approved eight institutions that will be Transaction Advisers for the issuance of...
Fitch Ratings puts focus on positive long-term effects of the Petroleum...
WED 04 AUG, 2021-theGBJournal- Fitch Ratings- The passage of Nigeria’s proposed Petroleum Industry Bill (PIB) could have positive long-term effects for both Nigeria’s public...
FG rewards young innovators of the Sensebox and Aquabot device built...
WED 04 AUG, 2021-theGBJournal- Ministry of Science, Technology and Innovation has granted the sum of Five Million naira, to students of Marist College Yangoji...
Analysis: The mystery of Nigeria’s falling reserves
WED 04 AUG, 2021-theGBJournal- The Central Bank of Nigeria (CBN) on 27 June decided to discontinue supplying Bureau De Changes (BDCs) with FX and...








