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Sterling Financial profit rises 20% as capital raise lifts equity, strengthens...
THUR JULY 30 2026-theGBJournal| Sterling Financial Holdings Plc Thursday reported a 20.4% increase in first-half profit, underpinned by robust loan growth, higher interest income...
Nigeria’s industrial sector remains biggest FX user as demand jumps 59%...
THUR JULY 30 2026-theGBJournal| Nigeria's foreign exchange utilisation surged 59.4% in 2025, driven by a sharp increase in payments for invisible imports, even as...
CBN prints N368.83 billion worth of banknotes in 2025 as cash...
THUR JULY 30 2026-theGBJournal| The Central Bank of Nigeria (CBN) approved the printing of 5.71 billion banknotes in 2025, up 20.5% from 4.74 billion...
Hunger hampers Ebola response as cases top 3,200 in DR Congo
THUR JULY 30 2026-theGBJournal| The UN emergency food agency appealed for immediate funding on Wednesday, warning that deepening hunger is undermining the response to...
Presco Plc H1 profit slides 20% as weaker palm oil prices...
...PBT fell marginally by 0.5% y/y to N52.98 billion
...PAT down by 19.8% y/y to N33.02 billion after accounting for a tax charge of N19.96...
Strategic shift in agricultural financing as FG operationalizes National Agricultural Development...
THUR JULY 30 2026-theGBJournal| The Federal Government has announced the operationalization of the National Agricultural Development Fund (NADF) during Nigeria’s Country Session at the...
Nigeria fixed-income market pauses as investors digest N1.25 trillion treasury bill...
THUR JULY 30 2026-theGBJournal| Nigeria's fixed-income market settled into a quieter trading pattern on Wednesday, with investors digesting the outcome of Treasury bill auction...
NGX All-Share Index slips as investors harvest banking gains, Naira weakens...
THUR JULY 30 2026-theGBJournal| Nigeria's benchmark stock index extended its decline on Wednesday as investors continued to trim positions in banking and large-cap stocks,...
Nigeria’s DMO raises N1.25 trillion in Treasury bills auction as demand...
WED JULY 29 2026-theGBJournal| Nigeria's Debt Management Office (DMO) raised N1.25 trillion at Wednesday's Treasury bill auction after investors submitted N3.62 trillion in bids,...
Recapitalised banks And access to credit
...Lack of access to credit will lead to reduced manufacturing and capacity utilisation, stagnation of the sector's contribution to GDP, job losses, supply-side inflation
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