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GCR Places LAPO MfB on Negative Rating Watch, Downgrades Lender Over Infractions Rating considers Material Governance IssuesBreaches of Regulatory Guidelines, Weak TransparencyPressures Mount on Asset Quality, Rising Credit LossesCBN Withheld…
FCCPC Faults Google for Instant Credit Operators’ Unethical Practices The Federal Competition and Consumer Protection Commission (FCCPC) says it is holding Google Play Store responsible for the inability to trace…
Dollar Trades Mixed Ahead of Unemployment Report The US dollar was mixed against its major trading partners early Thursday ahead of the release of data on personal income, spending and…
Airtel, Konga Move to Deepen Online Retail in Nigeria Airtel Nigeria and Konga, an e-commerce platform, on Thursday, signed a Memorandum of Understanding (MoU) to deepen the digital and online…
OPEC+ to Raise Oil Production 432,000 Bpd The Organisation of Petroleum Exporting Countries and allies (OPEC+) is turning on the oil tap only moderately. It said production would be increased…
Yield Steadies as Market Sees Spot Rates Swing, Bond Falls 16bps The average yield on Nigerian Treasury Bills steadies on Thursday due to thin trading activities in the secondary market…
Oil Drops as U.S Moves to Release Petroleum Reserve Crude oil prices plummeted by around 4% to below $110 per barrel, with West Texas Intermediate prices falling lower proportionally, early…
Banking Stocks, JBerger Trigger Midday Loss on NGX Selloffs in Julius Berger and banking stocks including GTCO, Zenith, Wema, Access bank stocks have triggered a midday loss on the Nigerian…
Andela Launches Platform for Hiring Andela, a global marketplace for technical talent, says it has launched a new platform, that creates a more direct, personalised and successful hiring experience for…
Nigeria Stops MultiChoice Plan to Increase DSTV, GOTV Subscriptions A Nigerian Competition and Consumer Protection (CCP) Tribunal sitting in Abuja has restrained MultiChoice Nigeria Limited from increasing its tariffs and…
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