Naira – CBN Rate Closed at N1586 against Dollar
Naira – CBN Rate Closed at N1586 against Dollar The naira official rate quote on the Central Bank of Nigeria (CBN) FX platform settled at N1586 per dollar, unchanged from…
Wike Announces Plans to Overhaul FCT Transport’s Sector
Wike Announces Plans to Overhaul FCT Transport’s Sector The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, says plans have been concluded to introduce reforms in the FCT…
Fitch Upgrades Fidelity Bank National Rating to A+ (nga)
Fitch Upgrades Fidelity Bank National Rating to A+ (nga) Fitch Ratings has affirmed Fidelity Bank Plc.’s credit or Long-Term Issuer Default Rating (IDR) at ‘B’. The bank’s National Long-Term Rating…
Tinubu Alone Can’t Fix Nigeria – Ortom Declares, Praises Wike
Former Benue State Governor, Samuel Ortom, has called on Nigerians to ignore partisan politics and support the administration of President Bola Tinubu to succeed. Ortom made the call on Friday…
Banking Names Drive Intraday Loss on Nigerian Exchange
Banking Names Drive Intraday Loss on Nigerian Exchange Spurred by weak investors’ sentiment, negative price movements in banking stocks like Access Holdings, First Holdco, GTCO, and Fidelity Bank are dragging…
Fitch Affirms Bank of Industry at ‘B’ with Stable Outlook
Fitch Affirms Bank of Industry at ‘B’ with Stable Outlook Fitch Ratings has affirmed Nigeria-based Bank of Industry Limited’s (BOI) credit or Long-Term Issuer Default Rating (IDR) at ‘B’ and…
Access Bank Partners Gate Foundation to Empower 50,000 Women
Access Bank Partners Gate Foundation to Empower 50,000 Women Access Bank has partnered with Bill & Melinda Gates Foundation and Microsave Consulting Global Consulting Pte Ltd. to improve financial services…
Nigeria Boosts Trust Fund with $500 Million—Edun
Nigeria Boosts Trust Fund with $500 Million—Edun Nigeria has reaffirmed its commitment to Africa’s economic development with a fresh 500 million dollars contribution to the Nigeria Trust Fund (NTF). Nigeria’s…
Oil Prices Dip as Market Anticipates OPEC+ Output Raise
Oil Prices Dip as Market Anticipates OPEC+ Output Raise Oil prices declined as the market anticipated that the Organization of Petroleum Exporting Countries and allies (OPEC+) would increase output in…
Nigeria Bonds Rally, Debt Market Investors Sense Tight Supply
Nigeria Bonds Rally, Debt Market Investors Sense Tight Supply In the secondary market, the Nigerian government bonds market rallied as investors continued to increase their bets on the naira assets…