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Fitch Affirms Namibia at ‘BB-‘ with Stable Outlook
adminJune 6, 2023
Fitch Affirms Namibia at ‘BB-‘ with Stable Outlook Fitch Ratings Affirmed Namibia’s ‘BB-‘rating with an outlook accorded as stable, saying the ratings are supported by its strong governance indicators and…Read More
IMF Approves $20.7m Loan for Sierra Leone
adminJune 6, 2023
IMF Approves $20.7m Loan for Sierra Leone The Executive Board of the International Monetary Fund (IMF) has announced the completion of the sixth and seventh reviews of Sierra Leone’s Extended…Read More
Naira Steadies Against U.S Dollar Across FX Markets
adminJune 6, 2023
Naira Steadies Against U.S Dollar Across FX Markets Against United States (U.S) dominance, the naira traded steadied across foreign exchange (forex) markets amidst analysts’ expectations of a local currency devaluation.…Read More
Fuel Subsidy: TUC Makes 14 Requests from Federal Govt
adminJune 6, 2023
Fuel Subsidy: TUC Makes 14 Requests from Federal Govt The Trade Union Congress of Nigeria (TUC) has released demands it made at the meeting held with the Federal Government over…Read More
Nigerian Bourse Slides as Investors Feast on Geregu
adminJune 6, 2023
Nigerian Bourse Slides as Investors Feast on Geregu Equities selloffs weigh on Nigerian stock market performance on Monday, resulting in a decline in market capitalisation, halting four long days of…Read More
IFC Syndicates $500m Loan to Support BUA Cement
adminJune 6, 2023
IFC Syndicates $500m Loan to Support BUA Cement The largest global development institution, the International Finance Corporation (IFC) has invested $500 million syndicated loan facility to support the BUA Cement…Read More
Court Restrains NLC, TUC from Embarking on Planned Strike
adminJune 6, 2023
Court Restrains NLC, TUC from Embarking on Planned Strike The National Industrial Court on Monday granted an order restraining the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) from…Read More
High Borrowing Cost to Stifle Growth – Analysts
adminJune 6, 2023
High Borrowing Cost to Stifle Growth – Analysts Borrowing rates from Nigerian banks have inched upward, reflecting the monetary authority’s hawkish fist on key policy rates in a bid to…Read More
Ebenezer Onyeagwu Wins Africa’s Best Bank CEO Award
adminJune 6, 2023
Ebenezer Onyeagwu Wins Africa’s Best Bank CEO Award Ebenezer Onyeagwu, the Group Managing Director/Chief Executive Officer of Zenith Bank Plc has been named ‘Best Banking CEO of the Year in…Read More
FBNH Slumps as Femi Otedola Sells Direct Shareholding
adminJune 6, 2023
FBNH Slumps as Femi Otedola Sells Direct Shareholding FBN Holdings Plc has inched to about N512 billion in market valuation as the group released its audited financial statement for 2022…Read More
Remi Tinubu Resumes At Aso Villa First Lady’s Office
adminJune 6, 2023
The wife of President Bola Tinibu, Mrs Oluremi, on Monday in Abuja, assumed office as Nigeria’s First Lady. Mrs Tinubu who arrived at the First Lady’s wing was accompanied by…Read More
Fuel Subsidy Removal: NLC, TUC Suspend Planned Strike, To Reconvene June 19
adminJune 6, 2023
The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) on Monday night suspended their strike scheduled for Wednesday. The decision followed a meeting by the representatives of the…Read More