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Inflation rises to 15.92% y-on-y in March as Nigeria’s cost of...

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SAT 16 APRIL, 2022-theGBJournal |  Latest inflation figures published by the National Bureau of Statistics (NBS) shows that Nigeria’s inflation rose to 15.92 percent...

Focus| ZirooPay riding on patented technology advantage and $11.4mn Series A...

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SAT 16 APRIL, 2022-theGBJournal | Operating in Nigeria, ZirooPay recently closed its Series A round, raising $11.4mn. The round was led by Zrosk Investment...

Lagos State Governor Sanwo-Olu presents N200 million interest-free loans to film-makers

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SAT 16 APRIL, 2022-theGBJournal | Lagos State Governor Babajide Sanwo-Olu has presented cheques to thirty-nine film-makers, who are beneficiaries of special interest-free loans being...

African Development Bank Group to launch new Trust Fund for the...

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…Circular economy principles play a strategic role in advancing the African Development Bank’s High-5 development priorities SAT 16 APRIL, 2022-theGBJournal | The Board of Directors...

Abbey Mortgage Bank appoints Mobolaji Adewumi as new Managing Director

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FRI 15 APRIL, 2022-theGBJournal | The Board of Directors of Abbey Mortgage Bank, the premier, largest and most profitable non-aligned Primary Mortgage Institution (PMI)...

Quick Take| Oil revenue performance to remain underwhelming

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FRI 15 APRIL, 2022-theGBJournal | Nigeria's oil sector continues to grapple with low crude oil production, reflecting age-long challenges facing the sector. Based on...

fx Watch| Nigeria’s FX reserves gains $53.48 million w/w, naira drops...

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FRI 15 APRIL, 2022-theGBJournal | Nigeria’s FX reserves increased by $53.48 million w/w to $39.71 billion (12th April 2022). Meanwhile, the naira depreciated both...

Bonds| Demand for FGN bonds remains tepid amid continued profit-taking, average...

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FRI 15 APRIL, 2022-theGBJournal | Like the prior week, bearish sentiments dominated the treasury bonds secondary market, as demand for FGN bonds remained tepid...

T-Bills| Average yield across all instruments inched higher by 2bps to...

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FRI 15 APRIL, 2022-theGBJournal | The Treasury bills secondary market remained bearish, with market participants readying bids for this week’s NTB PMA in anticipation...

President Buhari reconstitutes Board of Federal Mortgage Bank

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THUR 14 APRIL, 2022-theGBJournal | President Muhammadu Buhari has approved the reconstitution of the Board of the Federal Mortgage Bank of Nigeria. The Presidency said...