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NESTLE gains +9.8% as NGX All-Share Index climbs to 98,285.33 points;...
TUE MAY 21 2024-theGBJournal|The Nigerian equities market extended yesterday’s gains as demand for NESTLE (+9.8%) drove the benchmark index 0.1% higher.
Specifically, the All-Share Index...
Central Bank of Nigeria hikes interest rate 150 basis point to...
TUE MAY 21 2024-theGBJournal| The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) on Tuesday raised benchmark interest rate by 150 basis point...
Diesel and petrol prices rise in April weighing heavily on household...
TUE MAY 21 2024-theGBJournal| Automotive Gas Oil (Diesel) retail price across Nigeria hit an average N1415.06 per liter in April 2024, a 68.01% on...
Tourism is back to pre-pandemic levels, but challenges remain-new World Economic...
...High-income economies in Europe and Asia-Pacific continue to lead the World Economic Forum Travel and Tourism Index, with the United States, Spain and Japan...
Analysis| The exchange rate and your questions
...Our fair value measure of the Naira/US dollar exchange rate, which we described last week, is based on inflation differentials between the two currencies
...The...
Naira rises against the dollar ahead of Monetary Policy Committee decision...
MON MAY 20 2024-theGBJournal| The naira traded in a happy mood Monday, at the start of a new week that is set to provide...
Treasury bond market calm with yield settling at 18.6%, treasury bills...
MON MAY 20 2024-theGBJournal|Trading in the Treasury bond secondary market was calm, as the average yield expanded marginally by 1bp to 18.6%. Across the...
Nigerian equities market closes higher; NGX All-Share Index gains 0.1%; 0.1%MTNN...
MON MAY 20 2024-theGBJournal|The Nigerian equities market closed marginally higher on Monday, after a string of losses last week.
The NGX All-Share Index gained 0.1%...
Two Chibok schoolgirls graduate from US colleges 10 years after mass...
...Two survivors of the 2014 abduction of 276 girls by Boko Haram terrorists in Chibok, Nigeria, graduate from US colleges after receiving scholarships from...
Quick Take| Expect 100bps hike in interest rate as Central Bank...
MON MAY 20 2024-theGBJournal|Analysts are projecting a 100 basis points increase in the MPR with other parameters expected remain constant, as the Monetary Policy...
