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Markets Wrap| Nigerian Markets close lower-NGX benchmark index down 0.1%, Naira...
MON. 03 APRIL 2023-theGBJournal | Nigerian markets started the week on bearish note, and on day oil prices surged above $84. The bearish sentiment forced the...
Quick Take| Foreign investors remain net sellers of Nigerian equities
MON. 03 APRIL 2023-theGBJournal | According to the Domestic and Foreign Portfolio Report of the Nigerian Exchange Group (NGX), total transactions in the local bourse declined...
International Breweries Plc suffers steep decline in gross margin in FY...
MON. 03 APRIL 2023-theGBJournal | International Breweries Plc (INTBREW) suffered pre-tax loss of N26.84 billion (2021FY: N19.84 billion) in 2022FY, with the loss after tax settling...
Oil prices surge above $84 following OPEC+ production cut
MON. 03 APRIL 2023-theGBJournal | Oil price jumped to around $85 per/barrel Monday after a surprise announcement by world’s largest producers to cut production by 1.15...
Wema Bank Plc appoints Moruf Oseni as substantive Managing Director/CEO
SUN. 02 APRIL 2023-theGBJournal | Wema Bank Plc has confirmed the appointment of Moruf Oseni as the substantive Managing Director and Chief Executive Officer effective April...
Lagos State Government finalises concession agreement for medical park
SUN. 02 APRIL 2023-theGBJournal | The Lagos State Government, through the Office of Public-Private Partnership, Saturday execute the Concession Agreement to develop the Lagos Medical Park...
Rebecca’s Swiss Perspective| Spring 2023 – Mood swings and storms brewing
By Rebecca Ellis
SUN. 02 APRIL 2023-theGBJournal | Since our last update following the closure of SVB Bank, the market mood has darkened as fears of a...
Markets Wrap| Participants sell off holdings across the treasury bills segment...
SAT. 01 APRIL 2023-theGBJournal | Activities in the Treasury bills secondary market this week were bearish as the tight system liquidity continues to drive participants to...
I&E window total turnover falls by 61.0% wtd to US$367.50 million...
SAT. 01 APRIL 2023-theGBJournal | Nigeria’s FX reserves recorded another decline this week, as the gross reserves position fell by US$173.01 million w/w to close at...
NGX All-Share Index ends Q1 2023 in positive territory, up 5.82%
SAT. 01 APRIL 2023-theGBJournal | In the last trading session of the week, the local bourse extended losses as the All-Share Index declined by 0.33% to...
