Editor
OPEC retains oil demand forecast as Nigeria’s output rebounds marginally
TUE MAY 14 2024-theGBJournal| The Organisation of the Petroleum Exporting Countries (OPEC) retained its global oil demand growth forecast for 2024, reiterating its bullish...
Nigerian equities market and the local currency, Naira extend their woeful...
TUE MAY 14 2024-theGBJournal|The Nigerian equities sustained Monday's negative sentiments with profit taking activities in DANGSUGAR (-10.0%) dragging the NGX All-Share Index down by...
FGN bonds yield rises 2bps to 18.5%, treasury bills yield pars...
TUE MAY 14 2024-theGBJournal| Treasury bond secondary market was bearish Tuesday, as the average yield expanded by 2bps to 18.5%.
Across the benchmark curve, the...
Review of operations shows Shell’s Bonga boosted Nigeria’s 2023 oil production
...Bonga, Nigeria’s first deep-water development produced some 138,000 barrels of oil per day (boepd) in 2023 compared to around 101,000 in 2022.
TUE MAY 14...
Nigeria Development and Finance Forum makes 15 recommendations for the economy...
TUE MAY 14 2024-theGBJournal|Nigeria Development and Finance Forum (NDFF) 2024 Conference participants made fifteen resolutions and recommendations at the end of their conference which...
Analysis| Fair value and the Naira
...How do we measure fair value? There are many ways, but here we focus on just one, the inflation differential
TUE MAY 14 2024-theGBJournal|Currencies do...
Rivers State Governor announces plan to investigate former Governor Wike’s tenure
MON MAY 13 2024-theGBJournal| Rivers State Governor, Siminalayi Fubara, Monday said, he plans to establish a panel of inquiry to investigate the administration of...
Naira slides again, down 0.8% to N1,478.11/US$1; NGX All-Share Index opens...
MON MAY 13 2024-theGBJournal|The Nigerian equities market opened the week’s trading on a bearish note as sell pressures on SEPLAT (-10.0%) and UBA (-10.0%)...
Pan-African Payment & Settlement System hosts its maiden bank CEOs Consultative...
...The 2019 decision adopted PAPSS as the African Financial Market Infrastructure for cross-border payments and settlements
...The 2020 decision mandated Afreximbank, AUC and AfCFTA Secretariat...
Market Wrap| FGN bond yield inches up 1bp to 18.5%, treasury...
MON MAY 13 2024-theGBJournal| The FGN bond secondary market traded calmly Monday, as the average yield inched higher by 1bp to 18.5%.
Across the benchmark...
