Editor
Delta Government approves “indicative budget” of N425 billion for 2022
SAT 31 JULY, 2021-theGBJournal- The reconstituted State Executive Council approved the budget at its maiden meeting presided by Governor Ifeanyi Okowa in Asaba on...
Quick Take: Nigeria’s capital importation drastic drop is foreign investors limiting...
SAT 31 JULY, 2021-theGBJournal- According to the data released by the National Bureau of Statistics (NBS), capital importation into Nigeria in Q2-21 plummeted by...
FBNH H1-21 earnings in line with general expectations
SAT 31 JULY, 2021-theGBJournal- FBNH released its H1-21 financial report Friday, which showed that the Holdco recorded growth in bottom-line.
Earnings were supported by...
Quick Take: Ban on FX sales to BDCs and the effectiveness...
SAT 31 JULY, 2021-theGBJournal- At the July policy meeting, the Monetary Policy Committee unanimously voted to keep the MPR at 11.5% alongside other key...
DANGSUGAR grows revenue by 16.1% y/y in Q2-21, driven by sales...
SAT 31 JULY, 2021-theGBJournal- DANGSUGAR published its Q2-21 and H1-21 results after market close Friday, reporting a 17.6% y/y decline in EPS to NGN0.35...
African Exchanges Linkage Project link to boost trading between NGX and...
SAT 31 JULY, 2021-theGBJournal- Cross-border trading from one African securities exchange to another comes a step closer today, after the African Securities Exchanges Association...
Money Market: Tighter system liquidity forecast in the coming week as...
SAT 31 JULY, 2021-theGBJournal- The overnight rate contracted by 21.00ppts w/w to 7.8%, as inflows from FGN bond coupon payments (NGN53.28 billion) and OMO...
Bonds: Lower average yields forecast in the coming week as yield...
SAT 31 JULY, 2021-theGBJournal- Proceedings in the Treasury bonds secondary market also closed the week on a bullish note, despite relatively lower demand as...
FX Brief: Nigeria’s FX reserves at US$33.38 billion after another week...
SAT 31 JULY, 2021-theGBJournal- Nigeria’s FX reserves position sustained its accretion, as the gross reserves position increased by USD48.94 million w/w to USD33.38 billion...
Equities: All-Share Index sheds -0.3% w/w to close at 38,547.08 points...
FRI 30 JULY, 2021-theGBJournal- Sentiments turned bearish as profit-taking activities dominated market performance throughout the week. Specifically, the local bourse recorded losses in three...







