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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...
Senate Committee commends Ikeja Electric on improved service delivery, innovative ideas...
FRI 30 JULY, 2021-theGBJournal- Ikeja Electric Plc, Nigeria's largest power distribution company has been commended for improved service delivery and innovative ideas by the...
Danbatta says ongoing amendments to two major regulatory instruments will strengthen...
FRI 30 JULY, 2021-theGBJournal- The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has said that the ongoing...
President Buhari meets Commonwealth leaders, commits to increase education budget by...
FRI 30 JULY, 2021-theGBJournal- President Muhammadu Buhari met with Commonwealth Secretary-General, Rt. Hon. Patrice Scotland, British Prime Minister, Boris Johnson and Kenyan President, Uhuru...
