Tag: Nigeria
Cars45 restates commitment to enabling trade within Nigeria’s automotive industry
FRI, 06 NOV, 2020-theGBJournal- Nigeria's leading tech-enabled automotive trading platform, Cars45, has reiterated its commitment to enabling trade within Nigeria’s automotive industry as well...
‘’No better or more powerful signal to foreign investors’’ says Tony...
By Charles Ike-Okoh
FRI, 06 NOV, 2020-theGBJournal- Transnational Corporation of Nigeria Plc (Transcorp) emerged the preferred bidde for the 100% acquisition of Afam GENCO (Afam...
Nigerian Breweries sector has over performed in Q32020 and there are...
By Audrey Lotechukwu
FRI, 06 NOV, 2020-theGBJournal-The Nigerian Breweries sector displayed strong double-digit growth in sales and volume in Q32020 despite the strong deterioration in...
MARKETS: Treasury bond expands 2bps to 0.5% in response to March...
THUR, 05 NOV, 2020-theGBJournal- The Nigerian equities market was marginally lower but closed flat after today’s proceedings, following declines in UBN (-3.6%), INTBREW (-5.8%)...
Creating a viable gold economy
By Ehi Braimah
THUR, 05 NOV, 2020-theGBJournal- On July 16 this year, President Muhammadu Buhari launched the Presidential Artisanal Gold Mining Development Initiative (PAGMI). On...
FEC approves N87.53 billion for road construction in four States and...
By Audrey Lotechukwu
WED, 04 NOV, 2020-theGBJournal-The Federal Capital Territory (FCT), Benue, Oyo, Nasarawa and Kwara States were named beneficiaries of a N87.53 billion...
Markets: Equities rally, Treasury bond yield dips 3bps to 4.2%, overnight...
…NAIRA depreciated by 0.1% to NGN386.00/USD at the I&E window
TUE, 03 NOV, 2020-theGBJournal-The local bourse rebounded today, following significant interest in DANGCEM (+5.6%)....
Nigeria: Generated Value Added Tax rises 29.80% Q-on-Q in Q3 2020
By Audrey Lotechukwu
MON, 02 NOV, 2020-theGBJournal-The latest National Bureau of Statistics (NBS) report on sectoral distribution of Value Added Tax (VAT) suggests increased efforts...
Two Nigerians named as winners of 2020 ITU Innovation Challenge as...
MON, 02 NOV, 2020-theGBJournal-The 2020 edition of the International Telecommunication Union's (ITU) Global Innovation Forum, held from 26 to 30 October, highlighted the critical...
Markets Wrap: Treasury bonds dips 16bps to 4.1% as sellers stall...
SAT, 31 OCT, 2020-theGBJournal-The overnight (OVN) rate ended the week lower, as it crashed by 8.50 ppts w/w, to 1.3%. The contraction was underpinned...