Fitch Affirms AfDB’s Triple ‘A’ Rating Fitch Ratings has affirmed the African Development Bank’s (AfDB) Long-Term Issuer Default Rating (IDR) at ‘AAA’ with a Stable Outlook....
Nigeria’s Domestic Debt Refinancing Strategy Obinna Chima examines the federal government’s public debt restructuring plan by way of refinancing maturing treasury bills with cheaper and longer...
CBN Injects $364m Into Inter-bank FX Market The Central Bank of Nigeria has intervened in the Inter-Bank market to the tune of $364m to sustain liquidity...
Russian Bank Targets Nigeria, Others in Expansion Drive Promsvyazbank, one of Russia’s largest privately-held banks, is looking to Nigeria and other Africa countries to expand its...
The Nigerian Communications Commission has commenced a financial health check on major telecommunications operators in the country. The commission’s Executive Commissioner, Mr. Sunday Dare, stated this...
The Minister of Finance, Mrs. Kemi Adeosun, on Tuesday said that the Federal Government had received a total of 5,000 tips from Nigerians through the whistle-blower...
Shareholders Receive 30k Interim Dividend as GTBank Posts N84bn Profit Guaranty Trust Bank Plc has put a smile on the faces of its shareholders as it...
Lagos Raises N85bn via Bond for Infrastructure The Lagos State Government has raised N85.14bn in the Series 2 Bond Issuance for the purpose of improving physical...
NSE Index Falls 0.65% as Trading Resumes on Bearish Note Trading at the Nigerian equities market resumed on a bearish note yesterday as investors moved in...
Zenith Bank Makes 30% Provision on 9Mobile Loan The Managing Director/CEO of Zenith Bank Plc, Mr. Peter Amangbo, has revealed that his bank, one of the...
