Tag: Nigeria
Who will be Nigeria’s next president?
By Ehi Braimah
MON 18 APRIL, 2022-theGBJournal | The list of presidential aspirants is growing daily with more declarations being announced at the drop of...
Lekki Concession Company delays resumption of toll collection at Ikoyi Link...
SAT 16 APRIL, 2022-theGBJournal | The Lekki Concession Company (LCC) Limited Friday announced it is delaying the resumption of toll collection at Ikoyi Link...
Inflation rises to 15.92% y-on-y in March as Nigeria’s cost of...
SAT 16 APRIL, 2022-theGBJournal | Latest inflation figures published by the National Bureau of Statistics (NBS) shows that Nigeria’s inflation rose to 15.92 percent...
Focus| ZirooPay riding on patented technology advantage and $11.4mn Series A...
SAT 16 APRIL, 2022-theGBJournal | Operating in Nigeria, ZirooPay recently closed its Series A round, raising $11.4mn. The round was led by Zrosk Investment...
Abbey Mortgage Bank appoints Mobolaji Adewumi as new Managing Director
FRI 15 APRIL, 2022-theGBJournal | The Board of Directors of Abbey Mortgage Bank, the premier, largest and most profitable non-aligned Primary Mortgage Institution (PMI)...
Quick Take| Oil revenue performance to remain underwhelming
FRI 15 APRIL, 2022-theGBJournal | Nigeria's oil sector continues to grapple with low crude oil production, reflecting age-long challenges facing the sector.
Based on...
fx Watch| Nigeria’s FX reserves gains $53.48 million w/w, naira drops...
FRI 15 APRIL, 2022-theGBJournal | Nigeria’s FX reserves increased by $53.48 million w/w to $39.71 billion (12th April 2022).
Meanwhile, the naira depreciated both...
Bonds| Demand for FGN bonds remains tepid amid continued profit-taking, average...
FRI 15 APRIL, 2022-theGBJournal | Like the prior week, bearish sentiments dominated the treasury bonds secondary market, as demand for FGN bonds remained tepid...
T-Bills| Average yield across all instruments inched higher by 2bps to...
FRI 15 APRIL, 2022-theGBJournal | The Treasury bills secondary market remained bearish, with market participants readying bids for this week’s NTB PMA in anticipation...
President Buhari reconstitutes Board of Federal Mortgage Bank
THUR 14 APRIL, 2022-theGBJournal | President Muhammadu Buhari has approved the reconstitution of the Board of the Federal Mortgage Bank of Nigeria.
The Presidency said...