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United Capital Group deepens expansion drive with strategic 5% stake in...
TUE JUNE 16 2026-theGBJournal| United Capital Group has stepped up its aggressive expansion strategy with the acquisition of a 5% equity stake in Nigerian...
NGX All-Share Index falls 0.6% as energy, banking shares drag...
MON JUNE 15 2026-theGBJournal| Nigeria’s stock market started the week on a weaker footing, with broad-based selling in heavyweight energy and financial stocks pushing...
Funding pressures lift overnight rate as bonds extend losses, T-Bills unchanged...
MON JUNE 15 2026-theGBJournal|Nigeria's money market tightened Monday, with the overnight lending rate rising by 7 basis points to 22.2% amid a lack of...
Nigeria inflation accelerates to 15.93% in May as food, core prices...
MON JUNE 15 2026-theGBJournal| Nigeria’s inflation rate accelerated for a third consecutive month in May, underscoring persistent price pressures in Africa’s largest economy despite...
Africa Finance Corporation backs US$7 billion Dangote Fertiliser expansion
...AFC was Co-Coordinating Bank on a US$3 billion syndicated loan for Dangote Refinery and recently received full repayment of its foundational US$300 million senior...
African Democratic Congress picks Rotimi Amaechi as Atiku’s running mate for...
MON JUNE 15 2026-theGBJournal| The African Democratic Congress (ADC) has picked former Rivers State Governor and former Minister of Transportation, Rotimi Amaechi, as its...
Nigeria’s Company Income Tax revenue falls 31% as corporate earnings slow
MON JUNE 15 2026-theGBJournal| Nigeria’s Company Income Tax (CIT) collections declined to N1.37 trillion in the first quarter of 2026, reflecting mounting pressure on...
Nigeria’s VAT revenue climbs to N2.42 trillion in Q1 2026 as...
MON JUNE 15 2026-theGBJournal| Nigeria’s Value Added Tax (VAT) collections rose to N2.42 trillion in the first quarter of 2026, reflecting continued strength in...
Central Bank of Nigeria new draft rules target contagion risks across...
MON JUNE 15 2026-theGBJournal|The Central Bank of Nigeria (CBN) has unveiled draft guidelines aimed at ring-fencing the operations of closely linked entities within the...
MTN Nigeria, First WATT forge renewable energy deal to power telecom...
MON JUNE 15 2026-theGBJournal| First WATT Renewable Limited and MTN Nigeria have announced a strategic renewable energy infrastructure partnership designed to reduce diesel dependence,...
