Tag: Nigeria
FG will expand and deepen implementation of the Employee Compensation Act,...
MON, 02 MAY, 2022-theGBJournal | Nations are built by people and Nigeria is being built through the daily honest toil of hardworking Nigerian workers,...
2023: House of Reps Speaker Femi Gbajabiamila highlights need to reform...
SAT, 30 APRIL, 2022-theGBJournal | The Speaker of the House of Representatives Rep. Femi Gbajabiamila has said that voter education and enlightenment could help...
Nestle Nigeria Plc grows pre-tax profit by 46.6% y/y to N27.85...
SAT, 30 APRIL, 2022-theGBJournal | NESTLE published its Q1-22 unaudited results Friday, reporting EPS growth of 45.0% y/y to N22.68 (Q1-21: N15.64). EPS was...
Markets Wrap| Treasury bills ends week at 3.8% after bearish trading,...
SAT, 30 APRIL, 2022-theGBJournal | At the money market, the overnight (OVN) rate oscillated in the double-digit region through the week, eventually rising by...
Bonds| Average yield closed 9bps to 11.2% as demand for FGN...
SAT, 30 APRIL, 2022-theGBJournal | Similarly, the Treasury bonds secondary market traded with bearish sentiments, as demand for FGN bonds remained tepid, with only...
fx Watch| Nigeria’s FX reserves records first drop in five weeks,...
SAT, 30 APRIL, 2022-theGBJournal | Nigeria’s FX reserves recorded its first depletion in five weeks as it decreased by USD160.32 million w/w to USD39.65...
Equities Market| NGX All-Share Index ends week 2.43% higher as Market...
SAT, 30 APRIL, 2022-theGBJournal | Impressive corporate earnings by bellwether stocks supported market performance this week, as investors increased their bets on blue-chip companies...
Nigerian Breweries Plc bets additional €112m to Ama Brewery expansion
29 APRIL, 2022-theGBJournal | Nigeria’s largest brewing company, Nigerian Breweries (NB) Plc, has announced an additional investment of €112m to expand the largest of...
TotalEnergies Marketing Nigeria Plc scores impressive Q1-22 earnings despite elevated cost...
29 APRIL, 2022-theGBJournal | TOTAL published its Q1-22 unaudited results yesterday (28 April), reporting EPS of NGN12.86 (Q1-21: NGN8.75), translating to a growth of...
Renaissance Capital examines motives behind tech/fintech M&A deals on the continent
…‘’We see GTCO, ETI, FBNH and Access Bank as the leading banks to watch on this front.’’
29 APRIL, 2022-theGBJournal | As highlighted in Briter...
