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Coupon Payment: Fitch Downgrades Ghana to ‘Restricted Default’
adminFebruary 22, 2023
Coupon Payment: Fitch Downgrades Ghana to ‘Restricted Default’ Fitch Ratings on Tuesday downgraded Ghana’s long-term foreign-currency issuer default rating to ‘restricted default’, after the country missed the grace period to…Read More
AfDB, Japan Sign $350m Deal to Support Private Sector Operations
adminFebruary 22, 2023
AfDB, Japan Sign $350m Deal to Support Private Sector Operations The African Development Bank (AfDB) and Japan have signed an exchange of notes for an eighth private sector assistance loan…Read More
DMO Launches Subscription Portal, Raised N45bn from Savings Bond
adminFebruary 22, 2023
DMO Launches Subscription Portal, Raised N45bn from Savings Bond The Debt Management Office (DMO), says the Federal Government of Nigeria (FGN) Savings Bond has received a total subscription of N45.135…Read More
Naira Falls amidst Expected Post-Election Devaluation
adminFebruary 22, 2023
Naira Falls amidst Expected Post-Election Devaluation The Nigerian local currency, the naira, fell against the United States (US) dollar amidst rising demand for foreign exchanges in the local economy. The…Read More
Equity Market Trades Downward over Profit-taking
adminFebruary 22, 2023
Equity Market Trades Downward over Profit-taking The Nigerian stock market is trading red, according to a midday report by Alpha Morgan Capital Limited as investors kick-start a fresh round of…Read More
Stallion Nigeria: GTB Violates Court Judgement over ‘Dispute’ Debt
adminFebruary 22, 2023
Stallion Nigeria: GTB Violates Court Judgement over ‘Dispute’ Debt Following a move to seize Stallion Nigeria’s asset over N13 billion debt in dispute, the federal high court on Monday held…Read More
Nigerian Banks Give Fresh Update on Naira Swap
adminFebruary 22, 2023
Nigerian Banks Give Fresh Update on Naira Swap Following February 10, 2023 deadline granted by the Central Bank of Nigeria (CBN) for Naira swap, local banks have released updates about…Read More
Petrol Price Jerks Up 54.52% in 12-month
adminFebruary 22, 2023
Petrol Price Jerks Up 54.52% in 12-month The National Bureau of Statistics (NBS), says the average retail price paid by consumers for Petrol increased from N166.40 in January 2022 to…Read More
Naira Scarcity: Man Arrested With Fake N250,000 New Notes
adminFebruary 22, 2023
Operatives of the Ekiti State Amotekun Corps have arrested a man, identified as Celestine, with counterfeited new N1,000 notes amounting to about N250,000. Celestine, who claimed he was an Anambra…Read More
Elections: UK Orders Closure Of Visa Application Centres In Nigeria
adminFebruary 22, 2023
The United Kingdom visa application centres in Nigeria will be closed on Friday and Monday. The closure of Abuja and Lagos centres was announced via the twitter handle of the…Read More
Meta Appeals Kenyan Court’s Decision It Can Be Sued In Kenya
adminFebruary 22, 2023
Facebook parent company Meta has filed an appeal in Kenya challenging a ruling that said the company could be sued in the East African country even though it has no…Read More
Poor Banks’ Network: Customers Resort To Opay, PalmPay
adminFebruary 22, 2023
Some customers of various banks have resorted to the use of Payment Service Providers (PSPs), for their electronic transactions due to epileptic banks’ networks. Some of the customers, who spoke…Read More