Business
A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.
NIS, Huawei Technologies Strengthen Ties for Digital Migration management
The Nigeria Immigration Service, (NIS), has said that it will continue to strengthen its partnership with Chinese mobile technologies giant,...
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First Bank creates awareness on open banking
First Bank of Nigeria Limited has expressed its commitment to the development of open banking. It stated that the 2021...
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LASAA boss urges collaborations, investments in outdoor advertising
The Managing Director of Lagos State Signage and Advertising Agency, Prince Adedamola Docemo, has called on practitioners in the advertising...
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UBA records three million users on LEO Chatbot
United Bank for Africa Plc has said that it has recorded three million users on its artificial intelligence platform, LEO...
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Agusto & Co. upgrades the foreign currency rating of AFC to ‘Aa’ with a stable outlook.
The rating expires on 30 June 2022. Agusto & Co. hereby assigns the ‘Aa’ (foreign currency), ‘S2’ (short-term foreign currency) and ‘Aaa’ (national) ratings to...
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Agusto & Co. Harps on Power Sector Reforms, Stronger Industry Regulator
Agusto & Co., a pan-African credit rating agency and provider of industry research, has called for reforms in Nigeria’s ailing...
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Old Mutual Expresses Commitment to Maximise Opportunities in Nigerian
Old Mutual insurance group, comprising of Old Mutual Life Assurance and General Insurance, has said they are committed to the...
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e-Naira offers cheaper, fast remittance option, says CBN
The Central Bank of Nigeria has said the e-Naira will provide a secure and cheaper Diaspora remittance option. The apex...
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Firm tackles youth unemployment with digital tool
Worried by the increasing rate of unemployment in the country, young Nigerian experts in the eCommerce business have developed a...
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World Bank: Global Illegal Tobacco Trade Estimated at $50bn Annually, Global Counterfeit Trade to Reach $4trn by 2022
The World Bank has decried the rising trend in global illegal tobacco trade stressing that the trade is estimated at...
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Ahead of October Launch, eNaira Platform Goes Live
The official website of the upcoming Central Bank of Nigeria’s (CBN) digital currency, the eNaira, has gone live, exactly one...
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62% of enterprises use mobile banking, says NBS
The National Bureau of Statistics has said that 62 per cent of enterprises use mobile banking for their business operations....
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2023 and the Familiar Song
With the way we are running our country, I said in my Platform Nigeria 1st May 2019 presentation, ‘An Economy...
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Why Naira Parallel Market Rate Is Crashing
The value of the naira had within two months, depreciated by 16.1 per cent or N80 from N495 at which...
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Agusto & Co. hereby assigns Citihomes Finance Company Limited an “SR3” rating
The rating expires on 5 July 2022 Agusto & Co. hereby assigns Citihomes Finance Company Limited (“Citihomes” or “the Servicer”) an...
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Agusto & Co. assigns a ‘Bbb+’ rating to WSTC Financial Services Limited
The rating expires on 31 March 2022 Agusto & Co. hereby assigns a “Bbb+” rating to WSTC Financial Services Limited (“WSTC”...
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Petroleum Industry Act – A New Era for the Nigerian Oil and Gas Upstream Industry
Introduced in 2007 to revamp the oil and gas sector, ensure an optimal level of transparency and accountability by strengthening...
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‘How Nigeria can leverage blockchain technology for economic growth’
By exploring opportunities offered through blockchain technology and digital currencies, Nigeria stands to gain at least $29 billion in its...
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Daily fuel consumption jumps to 72 million litres, subsidy hits N541.66bn
Petrol consumption in the country jumped from 55.59 million litres a day in April to 72.07 million litres per day...
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Agusto & Co. hereby assigns a BBB-(IM) rating to Alpha Morgan Capital Managers Limited , with a stable outlook.
The rating expires on 1 August 2022. Agusto & Co. hereby assigns a BBB-(IM) rating to Alpha Morgan Capital Managers Limited (‘Alpha...
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Agusto & Co. assigns a BBB-(IM) rating to AVA Global Asset Managers Limited (AVA GAM or ‘the Manager’).
The rating expires on 9 February 2022. The assigned rating reflects the Manager’s multilayered oversight structure, a good process for generating timely research output, as...
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Agusto & Co assigns an A(f) rating to ValuAlliance Money Market Fund (‘ValuAlliance MMF’ or ‘the Fund’)
The rating expires on 2 March 2022. The rating is upheld by the Fund’s low exposure to credit, liquidity and...
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Agusto & Co. hereby upgrades the rating of Chapel Hill Denham Money Market Fund to A+(f)
The rating expires on 15 March 2022. The upgrade is supported by the Fund’s adherence to all the regulatory requirements...
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COVID-19 spikes global data consumption to 166 exabytes
•Nigerians consume 205,880.4 Terabytes of data in one year •Broadband Commission calls for people-centred solutions to achieve universal connectivity COVID-19...
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Five banks fined N1.4bn for forex infractions, others
Five top banks in Nigeria paid a total of N1.4bn as penalties to financial regulatory bodies such as the Central...
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