Tag: Nigeria
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...
Equities| ASI closes 1.99% higher w/w, and trading top three equities...
THUR 14 APRIL, 2022-theGBJournal | Closing the holiday shortened week, the domestic bourse ended the session on a positive note, bringing the All-Share index...
Nigeria’s Kudi, Africa’s financial technology company, changes name to Nomba, makes...
THUR 14 APRIL, 2022-theGBJournal | Kudi, African Financial Technology Company, today, changes name to Nomba (www.Nomba.com) as it transitions into an omni-channel payment platform...
Air Peace introduces new Abuja-Johannesburg connection, relaunches Dubai service with promo...
THUR 14 APRIL, 2022-theGBJournal | Air Peace, Nigeria’s leading airline has relaunched direct flights from Lagos and Abuja to Dubai at an amazing promo...
NGX launches West Africa’s first Exchange Traded Derivatives market
THUR 14 APRIL, 2022-theGBJournal | Nigerian Exchange Limited (NGX), the sustainable Exchange championing Africa’s growth, today launched West Africa’s first Exchange Traded Derivatives (ETD)...
Nigeria’s growth momentum to continue in 2022 says World Bank, as...
…The analysis notes that recovery remains uneven, incomplete and is happening at varied rates of speed across the region
THUR 14 APRIL, 2022-theGBJournal | As...














