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Fitch Affirms Standard Chartered ‘A’ Rating with Stable Outlook Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDR) of Standard Chartered PLC (SC) at ‘A’ and Standard Chartered Bank (SCB) at ‘A+’. The Outlooks are Stable. Fitch has also affirmed SC’s and SCB’s Viability Ratings (VR) at ‘a’. The ratings said SC’s ratings are […]

Access Bank Launches Womenpreneur Pitch-a-ton Season 5 Retail giant Access Bank plc has unveiled the W initiative Womenprenuer Pitch-a-ton Season 5, the financial service group said in a statement. The W Initiative aims to inspire, connect and empower women while riding on the Access Bank’s vision to be the Bank of choice for women in […]

Union Bank of Nigeria Ratings Affirm Despite Naira Devaluation Fitch Ratings has affirmed Union Bank of Nigeria PLC’s Long-Term Issuer Default Rating (IDR) at ‘B-‘, its Viability Rating at ‘b-‘ and its National Long-Term Rating at ‘BBB(nga)’ despite a sharp devaluation of the Nigerian naira. The affirmation reflects Fitch’s view that UBN will remain compliant […]

Equities Investors Gain N421bn as All-Share Hits 15-year High Equities investors trading highs and lows in the Nigerian bourse recorded more than N421 billion gain on Tuesday following sustained positive price movement records by financial and industrial stocks. Pushing the year-to-date return upward, data from the Nigerian Exchange indicated that the All-Share Index trended upwards […]

Sterling Bank, SMEDAN to Create SME Database Sterling Bank has signed an agreement with the Small & Medium Enterprises Development Agency of Nigeria (SMEDAN) to establish a comprehensive database of Small and Medium Scale Enterprises (SMEs) in Nigeria. In a statement, the bank said this will help in scaling intervention programs and providing tailored solutions […]

UBA Introduces Braille Account Opening Form for Visually Impaired United Bank for Africa (UBA) has unveiled the UBA Braille Account Opening Form, designed specifically to cater to the financial needs of the visually impaired. The new UBA Braille Account Opening Form was launched at the bank’s head office on Tuesday in Lagos. The event which […]

Naira Trades Strong at Investors, Exporters FX Window The Nigerian Naira appreciated against the United States (U.S.) dollar in the Investors’ and Exporters’ foreign exchange window, closing at N763.00. The spot rate translates to a 0.67 per cent rise against the greenback when compared with N768.17, which it exchanged for the dollar at the close […]

The Solicitor-General and Permanent Secretary of the Lagos State Ministry of Justice Mrs Titilayo Shitta-Bey-Jeje has said 25 bills have been signed and passed into law for easy access to judiciary. She stated that Lagos State was truly the Centre of Excellence as it was always innovative, and creating people-oriented laws and policies designed to […]

Human Rights Writers Association of Nigeria, (HURIWA) has charged the Department of State Services (DSS) to arrest former Niger Delta agitator, Mujahid Asari Dokubo, for unlawful possession of assault rifles and threat to life and property in the country. HURIWA, in a statement by its National Coordinator, Emmanuel Onwubiko, yesterday, said it was hypocritical for […]

By Godfree Matthew  Introduction Recently, the naming of some airports after certain individuals by President Tinubu has generated a lot of concerns in some quarters of the nation. This ranged from the fact that some of the persons named after those airports have no historical or cultural connections with those communities where the airports are […]

Obra Legal LLP yesterday held an opening ceremony to kick off its global internship and mentorship program. His Lordship, Hon. Justice Nnenna.C. Madu, Justice of the Customary Court of Appeal, attended the event as a keynote speaker for the ceremony, which was chaired by Ugwu Stanley. Also present was Obra Legal’s managing partner, Ikechukwu Onuoma […]

THE Edo State Governor, Mr. Godwin Obaseki, has disclosed that the Edo State Government will place Aminat Yusuf who graduated as the best law student from Lagos State University (LASU) with 5.0 Cumulative Grade Point Average (CGPA) on salary and sponsor her Law School programme. The governor, who was represented by the Head of Service […]