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Central Bank of Nigeria| Strengthening banks and the financial system
...In Nigeria, banks dominate the financial system and CBN has continued to manage potential threats in the banking industry
By Arize Nwobu
SAT JUNE 29 2024-theGBJournal|...
FX Market| Nigeria’s FX reserves grows for the fourth consecutive week...
SAT JUNE 29 2024-theGBJournal| The value of the Naira to the dollar weakened by 133 bps week-on-week to print at N1,505.30/$ this week at...
Treasury bills closes bearish with pressures on CBN-issued OMO bills; yield...
...Across the market segments, the average yield inched higher by 10bps to 22.1% at the NTB segment and advanced by 175bps to 23.5% at...
Treasury bonds closes week 3bps down to 18.7%; FGN Eurobond dips...
...The DMO allotted instruments worth N297.01 billion across the three tenors, resulting in a bid-to-cover ratio of 1.0x
SAT JUNE 29 2024-theGBJournal|The Treasury bonds secondary...
NGX All-Share Index gains 32bps WoW with Market Capitalization settling at...
...The Month-to-Date and Year-to-Date returns increased to +0.8% and 33.8%, respectively
...From a sectoral standpoint, the Oil and Gas (+5.7%), Insurance (+3.3%) and Banking (+1.1%)...
Treasury Bonds yield closes flat at 18.5%; T-Bills yield expands 7bps...
...Across the benchmark curve, the average yield increased slightly at the short (+1bp) end due to sell pressures on the MAR-2025 (+2bps) bond
THUR JUNE...
NGX All-Share Index closes 1bp higher bolstered by gain in SEPLAT;...
...GTCO was the most traded stock by volume and value at 66.05 million units and N2.93 billion, respectively.
...The total trading volume increased by 91.6%...
Securities and Exchange Commission, NGX Group reinforce commitment to capital market...
THUR JUNE 27 2024-theGBJournal| The Securities and Exchange Commission (SEC) and Nigerian Exchange Group Plc (NGX Group) have reaffirmed their dedication to the comprehensive...
How youth-led initiatives can drive Nigeria’s climate ambitions
...Interestingly, on the 2024 Climate Change Performance Index, Nigeria ranks 17th with a ‘medium’ rating and is the second-placed African country on the list...
Fire incident at Dangote Refinery’s wastewater treatment plant contained
WED JUNE 26 2024-theGBJournal| ''We have swiftly contained a minor fire incident at our effluent (wastewater) treatment plant, today Wednesday 26th of June,'' Anthony...
