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GDP rising, inflation falling, yet poverty worsening – Rewane
The Chief Executive Officer of Financial Derivatives Company Limited, Mr Bismarck Rewane, has said Nigeria’s Gross Domestic Product is rising...
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With A $3.9 Billion Foreign Investment in The Last Five Years, Nigeria’s Telecom Sector Holds The Key To Reviving The Economy
Between 2015 and 2020, Nigeria’s telecommunications sector attracted $3.9 billion in foreign investments (both portfolio and direct), accounting for an...
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GDP growth pointer to Nigeria’s resilience -Olawepo-Hashim
A former presidential candidate of the Peoples Trust in the 2019 elections, Mr. Gbenga Olawepo-Hashim, has described the latest growth...
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Nigeria’s green bonds market hits $136m as NGX lists potential
The value of Nigeria’s green bonds market has hit $136 million within three years with four issuances recorded since the...
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FCMB Emerges Best SME Bank in Africa
First City Monument Bank (FCMB) has emerged as Best SME Bank in Africa and Best SME Bank in Nigeria at...
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DMO offers September savings bonds for subscription
The Debt Management Office has opened the September savings bond offer to investors. The DMO said in a circular on...
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Telecoms Sector Attracted $3.9bn Foreign Investments To Nigeria In Five Years
Nigeria’s telecommunications sector attracted $3.9 billion foreign investments (portfolio and direct) between 2015 and 2020. This is according to the...
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Nigeria attracted $3.9bn telecoms investments in five years – Report
Nigeria’s telecommunications industry attracted $3.9bn in the foreign portfolio and direct investments between 2015 and 2020, according to a new...
Read moreTelecos to pay N200,000 for failing to verify NIN – NCC
The Nigerian Communications Commission has proposed a fine of N200,000 for mobile communications services providers that fail to verify and...
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NAICOM migrates online, advises underwriters to relate digitally
The National Insurance Commission (NAICOM) has announced the digitalisation of all its operations in a letter that was addressed to...
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Govt unveils two aircraft for data collection
The Federal Government has unveiled two aircraft earmarked for Airborne Geophysical Survey activities to enhance mining data collection in Nigeria....
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Discos paid N26.81bn for electricity in June – NBET
The Nigerian Bulk Electricity Trading Plc has revealed that market receipts remitted by Distribution Companies in June 2021 amounted to...
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Twitter ban remains, says NCC as Nigerians lose N220.36bn
The Twitter ban in Nigeria is still in effect according to the Director, Public Affairs, Nigerian Communications Commission, Dr Ikechukwu...
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Telecommunication Industry remains resilience amid regulatory changes, covid-19 pandemic
Agusto & Co recently released its 2021 Telecommunications Industry report which provides a comprehensive view of the Industry including the...
Read moreNIN: Nigeria’s subscriber base to shrink
The ongoing sync of the National Identity Number (NIN) with Subscriber Identity Module (SIM) will further reduce the number of...
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Event Management App, ‘eSprayMe’ Goes Live
A new event management mobile app and website, known as eSprayMe that will revolutionise the world of event management through...
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Tech4Dev Partners Sterling Bank to Enhance Women Employment in Tech
Building on its quest to grow a diverse and inclusive team, Sterling Bank has signed a Memorandum of Understanding with...
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Don’t increase electricity tariff, ActionAid urges NERC
A civil rights organisation, ActionAid Nigeria, has protested against the proposed upward review of electricity tariffs by the Nigerian Electricity...
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Agusto & Co. affirms the ‘A-’ rating assigned to Union Bank of Nigeria Plc., with a stable outlook.
The rating expires on 30 June 2022. Agusto & Co. affirms the “A-” rating assigned to Union Bank of Nigeria...
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Agusto & Co. affirms Rand Merchant Bank Nigeria Limited’s ‘Aa-’ rating, with a stable outlook.
The rating expires on 30 June 2022. The rating assigned to Rand Merchant Bank Nigeria Limited (‘RMBN’ or ‘the Bank’)...
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Agusto & Co. assigns a “Bbb-” rating to Globus Bank Limited, with a stable outlook
The rating expires on 30 June 2022. The rating assigned to Globus Bank Limited (“Globus Bank” or “the Bank”) is...
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Agusto & Co. affirms the A(f) rating assigned to First Ally Money Market Fund
The rating expires on 12 March 2022 The rating reflects the Fund’s low exposure to credit, interest rate and liquidity...
Read moreAgusto and Co. affirms the “BBB+(IM)” rating assigned to First Ally Asset Management Limited
The rating expires on 9 July 2022. The rating reflects the strength of the Manager’s Board of Directors, adequately experienced...
Read moreTelecoms sector attracts $3.9 billion foreign investments in five years
•Unstable macroeconomic environment impacting sector’s potential •NIN-SIM forces 6.3% decline in industry’s growth in Q1 2021 Between 2015 and 2020,...
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AIICO Pioneers Virtual Assistant in Insurance Business
AIICO Insurance Plc said it is taking its service delivery to a new level, with the launch of a new...
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