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Markets Wrap| Overnight rate expands by 200bps w/w to 17.8% following...

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SAT 11 DEC, 2021-theGBJournal- The overnight (OVN) rate expanded by 200bps w/w to 17.8%. The increase in the funding rate was due to outflows...

Bonds| Average yield expanded by 15bps to 11.6% 15bps to 11.6%...

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SAT 11 DEC, 2021-theGBJournal- The Treasury bonds secondary market opened the week on a bearish note (13bps higher), extending the sell pressures from last...

fx Watch| Nigeria’s FX reserve remains under pressure, Naira drops 1.2%...

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SAT 11 DEC, 2021-theGBJournal- Nigeria’s FX reserve remained under pressure, declining by USD187.63 million to USD40.93 billion (8th December 2021) as the CBN continued...

Equities| Investors trade 2.630 billion shares worth N26.9 billion in 20,848...

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SAT 11 DEC, 2021-theGBJournal- A total turnover of 2.630 billion shares worth N26.900 billion in 20,848 deals were traded this week by investors on...

CACOVID urges Nigerians to get vaccinated in wake of new COVID-19...

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Just when it seemed like a semblance of normalcy was returning to the world after a gruelling battle with COVID-19, yet another variant of...

Ellah Lakes Plc announces joint venture with Enugu State Government for...

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FRI 10 DEC, 2021-theGBJournal- Ellah Lakes Plc. (Ellah Lakes) has entered into an agreement with the Enugu State Government (ENSG), through the Enugu State...

Air Peace takes delivery of fifth brand new Embraer 195-E2 aircraft,...

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…Assures customers of adequate flights this Christmas FRI 10 DEC, 2021-theGBJournal- West and Central Africa's leading airline, Air Peace, has taken delivery of the fifth...

IATA to governments: Follow WHO advice, rescind travel bans

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THUR 09 DEC, 2021-theGBJournal- The International Air Transport Association (IATA) called for governments to follow World Health Organization (WHO) advice and immediately rescind travel...

Pomona Wealth views on the recent market turbulences

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THUR 09 DEC, 2021-theGBJournal- An old saying about investing goes like this: "Stocks take the stairs up, but the elevator down." Those of who...

Most workers support vaccine and mask mandates for the workplace, global...

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…If workers had to choose between getting vaccinated or undergoing frequent testing to keep their jobs, six times as many would choose vaccinations …While protective...