Economy
Stanbic IBTC Asset Management Promises Better Returns to Customers
In a bid to develop the Nigerian capital market and enhance the economy, Stanbic IBTC Asset Management, a subsidiary of...
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Agusto & Co. affirms the ratings assigned to FSDH Funding SPV Plc’s Series 1 Bonds
The rating expires on 4 December 2022. Agusto & Co. affirms the ‘A-’ rating assigned to the Series I 5-year...
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Agusto & Co. hereby affirms the BBB+(IM) rating assigned to FCMB Asset Management Limited
The rating expires on 10 January 2023 Agusto & Co. hereby affirms the BBB+(IM) rating assigned to FCMB Asset Management Limited...
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Agusto & Co affirms the AA(IM) rating assigned to Stanbic IBTC Asset Management Limited
The rating expires on 09 January 2023 Agusto & Co affirms the AA(IM) rating assigned to Stanbic IBTC Asset Management Limited (‘the...
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Agusto & Co. hereby affirms the A-(IM) rating assigned to United Capital Asset Management Limited
The rating expires on 08 December 2022 Agusto & Co. hereby affirms the A-(IM) rating assigned to United Capital Asset Management Limited...
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Agusto & Co. assigns a ‘Bbb(NGR)’ and a ‘Bbb(GHA)’ rating to Coronation Insurance Plc, with a stable outlook
The rating expires on 30 June 2022. Agusto & Co. hereby assigns a ‘Bbb(NGR)’ and a ‘Bbb(GHA)’ rating to Coronation...
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Nigeria can Earn $200m, Create 2 million Jobs Annually from Agro Commodity Expansion Project
The National President of the Federation of Agricultural Commodity Association of Nigeria (FACAN), Dr. Victor Iyama, has said that Nigeria...
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NCAA to hike airlines’ operating license fee, plans major review
Aviation industry regulator-the Nigerian Civil Aviation Authority-is considering a major review of domestic airlines’ operating licence fees and other charges,...
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Transport fares jump by 283% amid rising fuel subsidy – NBS report
The average cost of bus transportation within Nigerian cities rose from N122.83 in January 2017 to N470.83 in December 2021,...
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5G not likely to interfere with aviation – Telecoms operators
The Association of Licensed Telecommunications Operators of Nigeria has said the likelihood of interference between the aviation industry and 5G...
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Stakeholders decry unimpressive growth of insurance industry
Stakeholders in the insurance sector have condemned the stunted growth of the industry in Nigeria, warning that urgent measures must...
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COVID-19: More Nigerians lose job, withdraw N30bn pension savings
The number of contributors who withdrew funds from their Retirement Savings Accounts, after losing their jobs, rose to 28,041 in...
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Neutralising COVID, Defining A Legacy, and the Clanging Cymbals of Politics – Agusto & Co.
In 2022, the major themes that will dominate Nigeria’s economic landscape will be politics, the management of the fiscal deficit,...
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FG probes online banks over breach of customers’ data privacy
The Federal Government has begun a probe of online banks over their alleged breaches of customers’ data privacy, it has...
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Federal workers’ pensions, gratuities gulp N208bn in seven months
The Federal Government has spent N208.21bn on payment of pension and gratuity arrears in seven months, a new Central Bank...
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FG Bows to Labour, Shelves Plan to End Fuel Subsidy from July
Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has announced the resolve of the federal government to jettison...
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Oil falls 3% on investor concerns over rate hike
Oil prices fell about three per cent yesterday, hit by investor concerns over the possibility of quicker than expected interest-rate...
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5G deployment gets boost, CBN gives telcos forex priority
The deployment of fifth generation technology has got a boost as the Federal Government through the Central Bank of Nigeria...
Read moreNigeria’s local debt to hit N43 trillion in 2022 – Agusto & Co
Nigeria’s local debt is projected to amount to about N43 trillion naira in 2022. This was stated by Agusto &...
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World Bank, AfDB approved $2.83bn for Nigeria in 2021
The World Bank and the African Development Bank approved a total sum of $2.83bn to Nigeria in 2021, It has...
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Plan to relocate Lagos sawmill operators gets boost
The Lagos State Government says it is leaving no stone unturned in ensuring a seamless relocation of sawmill operators from...
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Lekki Port: FG Expresses Satisfaction at Level of Work Done, Urges Promoters to Double Efforts
The federal government has expressed its satisfaction with the increased pace of work on the construction of the Lekki Deep...
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Financial Inclusion: An Overview of e-Naira Prospects In 2022
The year, 2022 has been ushered in with overwhelming expectations for achieving socio-economic and political transformation. In the process of...
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IMF set to launch $50bn lifeline for Nigeria, others
The International Monetary Fund has said it is set to launch a $50bn trust fund for low-income and vulnerable middle-income...
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500,000 new merchants, SMEs to benefit from expanded digital payment solution
•Mastercard to connect 50m small businesses digitally by 2025 An estimated 500,000 new merchants across the Middle East and Africa...
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