Agusto & Co. assigns TAJBank Limited a ‘Bbb-’ rating, with a stable outlook.
The rating expires on 31 December 2022. The rating assigned to TAJBank Limited (“TAJBank” or “the Bank”) reflects the Bank’s...
Agusto & Co. affirms the ‘A-’ rating assigned to the ₦41.2 billion 10-year Series 1 Bond of Fidelity Bank plc with a stable outlook.
The rating expires on 7 January 2023. Agusto & Co. affirms the ‘A–’ rating assigned to Fidelity Bank Plc’s (‘Fidelity Bank’,...
OPEC cuts 2022 oil demand over economic concerns
…says oil producers lack the capacity to replace Russian supply The Organisation of Petroleum Exporting Countries has revised the demand...
Equities market to remain positive in 2022 – Report
Parthian Securities’ analysts have predicted that the Nigerian equities market will remain positive due to the increased participation of domestic...
Telecom firms’ diesel cost jumps by 233%, hits N360bn
THE cost of powering telecommunication services with diesel has jumped by at least 233.33 per cent in recent months to...
FG, Lagos’ll make $201bn revenue from Lekki port – Minister
The revenue to come to the Federal Government and Lagos State Government from the Lekki Deep Seaport located at the...
Buoyed by Drive to Boost Non-interest Income, 10 Banks Generate N259.6bn from Charges in Q1
As deposit money banks (DMBs) in Nigeria strive to boost their Non-Interest Income, a total of 10 banks in the first...
Informal trade data key to monitoring intra-African trade, says UNECA
The United Nations Economic Commission for Africa (UNECA) has emphasized the need for trade data to incorporate informal trade in...
Agusto & Co. affirms Fidelity Bank’s ‘A’ rating, with a stable outlook.
The rating expires on 31 December 2022. Agusto & Co. hereby affirms the ‘A’ rating of Fidelity Bank Plc (‘Fidelity...
NEPC eyes Ivorian market to drive Nigeria’s export earnings
THE Nigerian Export Promotion Council is targeting Ivory Coast to expand the country’s non-oil exports and boost foreign exchange earnings....
Recapitalisation: PenCom probes PFAs’ funds as deadline ends Saturday
THE National Pension Commission is investigating the nation’s Pension Fund Administrators' evidence of meeting its new capital requirements ahead of...
Subsidy may hamper Nigeria’s gain from rising oil prices – IMF
The International Monetary Fund has said Nigeria may not benefit from rising oil prices if the government doesn’t restrain the...
Insecurity, inflation, low vaccination threaten Nigeria’s outlook, IMF warns
Insists FX reform is a necessary route to achieving stability ‘Africa faces new shock, lack sufficient space for maneuvering’ The...
Stakeholders to alter $2.71b import bill, address food crisis
Stakeholders in the financial and agricultural value chain, yesterday in Abuja, disclosed a fresh move aimed at addressing the growing...
We are fully ready to roll out 5G, says MTN
•Partner PAU to roll out on media innovation programme MTN has revealed its readiness to roll out the fifth-generation (5G)...
Nigeria, UK to strengthen trade relations
Nigeria and the United Kingdom (UK) have restated commitment to removing bilateral trade barriers between the two countries. They also...
Firm recommits to reducing carbon footprint
Rentit, a digital technology company that enables seamless peer-to-peer (P2P) rental services has reaffirmed its commitment to reducing carbon footprint...
MSMEs get N482 billion lift in five years
• Contribution to GDP shrinks by 3.5% The Development Bank of Nigeria (DBN) has granted N482 billion in facilities to micro,...
Growth in non-oil sector reflects Nigeria’s resilience, says Osinbajo
Vice President Yemi Osinbajo has said that the non-oil sector growth recorded recently indicates the country’s growing resilience as well...
SIM-NIN: 22 days after ban, Telcos lose N76bn, subscribers stranded
Telecommunication companies have lost about N75.78bn as subscribers struggle to link their National Identification Number to the Subscriber Identity Module,...
Economic crisis worsens as forex inflows fall by $9.58bn
Foreign exchange inflows into the economy declined in the fourth quarter of 2021, owing to lower receipts from the Central...
Experts Urge Stakeholders to Explore CBN’s N250bn LPG intervention Fund
Energy experts have urged players in the gas subsector in Nigeria to take advantage of the recent N250 billion intervention...
No Respite as Nigeria Expends Over N758bn on Petrol Subsidy in Three Months
By the time the Nigerian National Petroleum Company (NNPC) makes it projected N328 billion petrol subsidy deduction from the Federation...
Real estate company allocates plots to customers
A real estate company, Winhomes Global Services Ltd, has reaffirmed its strong reputation for integrity with the physical allocation of...
Mobile money, vehicle for driving financial inclusion – Adenuga
Tech entrepreneur and founder of VTel, a digital service provider offering e-commerce and value-added services, Mr Eniola Adenuga, says mobile...
Powered by Agusto & Co.