Editor
Oando Plc posts stunning 12% increase in oil production as...
...12% increase in production: 23,258 boepd FYE 2023 vs 20,703 boepd FYE 2022
...Oil production of 6,211bbls/day (vs 4,939bbls/day in FYE 2022)
...Natural Gas production of...
Shell, NNPC, partners boost learning in three universities with ICT centre,...
SAT NOV 02 2024-theGBJournal| Shell companies in Nigeria teamed up with the Nigerian National Petroleum Company Limited (NNPC) and other stakeholders to build Information...
Naira remains under pressure, falls 4.0% w/w to N1,666.72/US$1 at NAFEM...
SAT NOV 02 2024-theGBJournal| The naira depreciated this week by 4.0% w/w to NGN1,666.72/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM) despite the...
Markets Wrap| FGN Bonds yield rises to 19.5% with sell focus...
SAT NOV 02 2024-theGBJournal|Trading in the Treasury bonds secondary market remained bearish this week following sell pressures on short-dated bonds, specifically the MAR-2027 and...
NGX All Share Index closes 203bps lower w/w to begin November...
...The market capitalization lost N1.22 trillion w/w to close at N59.04 trillion.
SAT NOV 02 2024-theGBJournal|The NGX All-Share index lost 203bps week-on-week as selloffs in...
Dangote Refinery rubbishes IPMAN’s N40 billion payment claims, says they have...
THUR OCT 31 2024-theGBJournal| Dangote Group management scornfully dismissed the Independent Petroleum Marketers Association of Nigeria (IPMAN) claim late Thursday that it is encountering...
Markets Wrap| Nigerian equities market close with biggest weekly loss; FGN...
...The naira depreciated by 2.7% to N1,675.49/USD in the Nigerian Autonomous Foreign Exchange Market (NAFEM).
...The overnight lending rate contracted by 355bps to 21.5% in...
National Economic Council withdraws controversial tax reform bills from National Assembly
THUR OCT 31 2024-theGBJournal| The National Economic Council (NEC) has withdrawn the controversial new tax reform bills from the National Assembly.
NEC yanked the bill...
Kaduna State Governor, Uba Sani approves N72,000 minimum wage for public...
...The buses will convey civil servants to and from work. This is aimed at alleviating the suffering of workers and enhancing their productivity.
THUR OCT...
MTNN returns to profitability amid FX pressures
...Total subscribers decreased by 0.9% to 77.0 million, impacted by the NIN-SIM regulations
...Active data users increased by 5.1% to 45.3 million
...Service revenue increased by...
