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FGN bond yield unchanged at 18.9%, treasury Bills yield rises 3bps...
TUE APRIL 30 2024-theGBJournal| Sentiments in the NTB secondary market turned bearish, as the average yield advanced by 3bps to 22.2%.
Across the curve, the...
Interest in MTNN and FBNH drive the NGX All-Share Index up...
TUE APRIL 30 2024-theGBJournal| The Nigerian stock market closed on a bullish note Tuesday, driven by renewed interest in MTNN (+4.0%) and FBNH (+6.9%).
Consequently,...
BUA CEMENT’s revenue surges 51.5% y/y in Q1-24
TUE APRIL 30 2024-theGBJournal| BUA Cement Plc (BUACEMENT) revenue surged by 51.5% y/y in Q1-24, driven by an increase in sales volume and higher...
Special Meeting 2024| Revitalizing growth, development and collaboration amid global fractures
...At a moment of geopolitical fragmentation, the World Economic Forum Special Meeting 2024 charts a path to renewed dialogue, collective action and a more...
Net FX losses undermines MTNN’s Q1-24 profitability
...MTNN's Management revealed that the growth in data revenue, which contributed 46.4% (Q1-23: 40.1%) to revenue, was delivered through improved data offerings
TUE APRIL 30...
Walking a Tightrope: Can the CBN regulate and collaborate in Nigeria’s...
...As fintech disrupts traditional paradigms and reshapes the financial services system, questions arise about the CBN's solitary position as the primary regulatory authority in...
Fueling Frustration| Nigeria’s petrol scarcity nightmare as product price clips N1500...
...Petrol is selling at an average price of N970 per litre, where it is available in retail outlet, and as high as N1500 per...
AVCA announces Lagos as host of largest Africa-focused investment event
...AVCA’s 4th Venture Capital Summit in Nigeria will look at how emerging sectors such as deep tech will drive the next era of VC...
NGX holds 63rd Annual General Meeting, with shareholders approving key resolutions
...Group to embark on digital transformation journey amid strategic re-orientation
...NGX Group, subject to regulatory approval, discussed its authorization on a rights issue to raise...
FGN bonds closes mixed with yield at 18.9%; treasury bills yield...
MON APRIL 29 2024-theGBJournal| Trading in the Treasury bond secondary market was mixed, as the average yield remained at 18.9% on Monday.
Across the benchmark...
