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Barack Obama praises Joe Biden as ”a patriot of the highest...

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...Joe Biden becomes the second U.S President to abandon reelection bid since President Lyndon B. Johnson in 1968. MON JULY 22 2024-theGBJournal|Leaders around the world...

ENI, Italian multinational energy company set to return with new investment...

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...In his remarks, the Chief Executive Officer of ENI said the energy company will invest more in the country, particularly in the agricultural sector SAT...

Oil sector projected to boost Nigeria’s GDP growth in Q2-24

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...For the oil sector, we point out that domestic oil production has increased modestly in recent months after declining to 1.43 mb/d (including condensates)...

Fx reserves eke weekly gain on receipt of first tranche of...

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...The naira wobbled further by 2.1% w/w to NGN1,596.92/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM ) ...Total turnover at the NAFEM as of...

Treasury bills yield across all instruments rises 100bps to 24.7% as...

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...The Central Bank of Nigeria (CBN) conducted an OMO auction midweek which was met with paltry interest following a subscription of NGN36.00 billion (range...

Bonds yield rises 15bps to 19.4% as offers dry up; money...

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...Week-on-week, the FGN Eurobond average benchmark yields gained 30bps, settling at 9.87% ...the overnight (OVN) rate contracted to 32.0% (-43bps w/w), driven by the liquidity...

NGX All-Share Index post best week since April as investors track...

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...Buying interest in AIRTELAFRI (+4.8%) propelled the All-Share Index to a 0.9% w/w gain, to reach 100,539.40 points ...activity levels were subdued, with total trading...

Hospitals, airlines, financial services and media groups hit by Global IT...

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...It is not clear how many businesses were impacted in Nigeria and Africa by the outage but the outage has been reported in many...

PalmPay named among top 250 fintech companies in the world by...

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...More than 2000 companies were evaluated globally based on general and sector-specific KPIs to determine the final selection ...In 2024, some of the most influential...

Manufacturing Association of Nigeria lays out list of demands to assist...

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...President Bola Tinubu approved a new minimum wage of N70,000 for Nigerian workers and pledged to review the national minimum wage law every three...