Tag: Nigeria
REA, EU and German Government provide grants to support Solar Mini-Grid...
THUR 17 FEB, 2022-theGBJournal- Eight local solar mini-grid developers have received grants through the Rural Electrification Agency (REA) with the financial and technical support...
Ogun State Governor, Deputy, paramount rulers, Senators Adeola Yayi and Odebiyi,...
…Official launch of Olofin Akanni Foundation fixed for Saturday
THUR 17 FEB, 2022-theGBJournal- The ancient town of Ado-Odo is set to host top dignitaries and...
Nigeria’s GDP grows 3.98% year-on-year in Q4 2021, non-oil sector records...
THUR 17 FEB, 2022-theGBJournal- The National Bureau of Statistics (NBS) today published the National Gross Domestic Product Q4 2021 report, showing Nigeria’s Gross Domestic...
Markets Wrap| Foreign investors’ interest in AIRTELAFRI drives All-Share Index to...
WED 16 FEB, 2022-theGBJournal- The domestic bourse traded with positive sentiments as foreign investors’ interest in AIRTELAFRI (+0.8%) led the All-Share Index to close...
Bonds| DMO over-allotts instruments worth N297.39 billion, resulting in a bid-to-cover...
WED 16 FEB, 2022-theGBJournal- The Treasury bond secondary market was ended on a mixed note, although with a bullish tilt as the average yield...
Ikeja Electric urges increased private sector support for healthcare sector as...
WED 16 FEB, 2022-theGBJournal- Ikeja Electric Plc (IE), Nigeria’s leading Electricity Distribution company, has donated medical items to Ifako-Ijaye General Hospital, Lagos, to mark...
Markets| Bond yield moves lower by 3bps to 11.4%, T-Bills yield...
TUE 15 FEB, 2022-theGBJournal- The overnight lending rate contracted by 133bps to 1.9%, as the inflow from OMO maturities (NGN135.90 billion) boosted system liquidity.
The...
President Buhari seeks amendment to 2022 Appropriation Act to provide for...
TUE 15 FEB, 2022-theGBJournal- President Muhammadu Buhari is seeking amendment to the 2022 Appropriation Act, and has sent a letter to the National Assembly...
Nigeria’s headline inflation slows to 15.60% y/y in January 2022
TUE 15 FEB, 2022-theGBJournal- In line with our expectations, Nigeria’s headline inflation reversed the upturn recorded December 2021 as it moderated slightly by 3bps...
Bonds| Bond yields pared by 3bps to 11.6% after persistent low...
SAT 12 FEB, 2022-theGBJournal- Trading in the Treasury bonds secondary market continued with mixed sentiments, albeit with a bullish tilt, following the persistently lower...
