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MARKETS WRAP: Bonds average yield expands 20bps to 4.1% as news...

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…Overnight rate expanded by 275 bps w/w to 4.3% …Apprehension for yields dominates T-bills market SAT, 05 DEC, 2020-theGBJournal- The Treasury bond secondary market retraced this...

FX WATCH: FX reserves depleted again by $115.83 million w/w, Naira...

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SAT, 05 DEC, 2020-theGBJournal- Nigeria’s FX reserves continued its descent, as the gross reserves position declined by USD115.83 million w/w to USD35.30 billion. This...

Lagos imposes vehicular and pedestrian restriction Dec 5 for by-elections

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FRI, DEC 04 2020-theG&BJournal-The Lagos State Police Command has announced that vehicular and pedestrian movement will be restricted between 6am and 6pm on Saturday,...

Africa’s untapped opportunity: How Africa’s free-trade area could catalyse the agricultural...

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By Louis van Ravesteyn FRI, 04 DEC, 2020-theGBJournal- The African Continental Free-Trade Area (AfCFTA) could accelerate the development of sub-Saharan Africa’s agricultural sector and...

Dr Awele Elumelu appointed to Yale Institute for Global Health Advisory...

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FRI, 04 DEC, 2020-theGBJournal- Dr Awele Elumelu, Trustee of the Tony Elumelu Foundation and Founder and Chief Executive Officer of Avon Medical has been...

Federation Account Allocation Committee disburses N639.90bn in October

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FRI, 04 DEC, 2020-theGBJournal- The Federation Account Allocation Committee (FAAC) disbursed the sum of N639.90bn to the three tiers of government in October 2020...

LCCI 132nd AGM: President Toki Mabogunje puts focus on Chamber’s Brand...

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By Audrey Lotechukwu FRI, 04 DEC, 2020-theGBJournal- This was during the 132nd Annual General Meeting 2020 Thursday, in which the President of the Lagos Chamber...

Governor Okowa urges Buhari to reconstitute NDDC board

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THURS, 03 DEC, 2020-theGBJournal- Delta Governor, Senator (Dr) Ifeanyi Okowa, has called on President Muhammadu Buhari to reconstitute the Board of Niger Delta Development...

#EndSARS: IGP orders investigations into alleged suit challenging State’s Judicial Panel...

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THURS, 03 DEC, 2020-theGBJournal-The Inspector General of Police (IGP) M.A Adamu has directed immediate investigations into a suit purportedly challenging the legality of the...

MARKETS: Treasury bonds expands by 12bps to 4.0% as bears persist,...

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THURS, 03 DEC, 2020-theGBJournal- The Treasury bonds secondary market remained bearish, as average yield expanded by 12bps to 4.0%. Across the curve, average yield...