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Access Holdings Plc’s profit surges 305.0% y/y to N619.32 billion in...

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...Profit before tax increased by 334.8% y/y to N729.00 billion. ...PAT settled 305.0% y/y higher at N619.32 billion, after accounting for a rise in income...

Julius Abure reelected as National Chairman of Labour Party, despite travails

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WED, MAR 27 2024-theGBJournal| Barr. Julius Abure has been returned as the National Chairman of Labour Party at the party's National Convention today in...

Exclusive| Super Eagles Interim Manager, Finidi George hoping to walk in...

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...SportsBoom team were lucky enough to sit down for an exclusive interview with Finidi George, the former Ajax player and caretaker manager for Nigeria’s...

AfDB approves $50 million loan to boost food security in Yobe...

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...Yobe State Government will contribute $4.52 million in counterpart funding, and project beneficiaries are contributing $16.82 million TUE, MAR 26 2024-theGBJournal| The Board of Directors...

Markets Wrap| NGX All-Share Index down 0.2%, Naira recovers to N1,382.95/US$,...

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...MTNN and FBNH down -1.7% and -3.4% respectively ...the NTB secondary market was bullish, as the average yield pared by 1bp to 17.7%. TUE, MAR 26...

Nigeria’s Central Bank hikes interest rate by 200bps to 24.75%, its...

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TUE, MAR 26 2024-theGBJournal| The Central Bank of Nigeria (CBN) raised monetary policy rates (MPR) by 200bps to 24.75% (Previously: 22.75%) at the end...

Egypt and the Big 5 dominate hotel development in Africa, says...

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...The Big 5 global chains – Marriott International, Hilton, Accor, Radisson Hotel Group and IHG Hotels & Resorts – account for 66% of hotels...

Nigeria retains its position at the forefront as Venture Capital fundraising...

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...In 2023, 136 such companies raised approximately US$485 million, accounting for 27% of the total number of unique companies backed by venture capital. TUE, MAR...

Africa Finance Corporation raises US$1.16 billion syndicated loan, its largest ever,...

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TUE, MAR 26 2024-theGBJournal|Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has announced the successful close of its largest ever debt...

Big Picture| More equities for pension funds?

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...During these four months pension funds increased their total assets by 12.6% to N19.5 trillion (US$13.5bn at the NAFEM rate last Friday) TUE, MAR 26...