Economy
Olam BIP: Driving Real Sector Growth and Deepening the Economy
The economic diversification drives of the federal government have stimulated wider actions across multiple sectors. The drives aim to promote...
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Access Bank Launches Awareness Campaign to Combat E-banking Fraud
As part of its commitment to educate and protect customers from e-banking fraud, Access Bank Plc has launched an awareness...
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LivingTrust Mortgage Bank to offer 750 million shares
LivingTrust Mortgage Bank Plc has announced that it will offer 750 million ordinary shares to the public to address its...
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Agusto & Co: Nigerian Banking Industry ROE less than 31.6% due to aggressive CRR implementation in 2020
Agusto & Co. Limited, Nigeria’s foremost research house and rating institution recently released its flagship 2021 Banking Industry Report, which...
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Plentywaka acquires Stabus Ghana after $1.2m seed funding
Africa’s public transportation sector is gradually evolving with the emergence of new technology-driven modes of transportation. To speed up the...
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SoftBank leads $400m funding round for Nigerian fintech
SoftBank Vision Fund 2 led a $400m funding round for OPay, valuing the Nigerian mobile payments platform at $2bn and...
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Institute advocates review of Value Added Tax law
The Institute of Chartered Accountants of Nigeria (ICAN), yesterday, called on the Federal Government to leverage the ongoing constitutional review...
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Bread price hike looms as bakers decry flour cost
Bakers in the country have lamented the increasing rates of flour, saying they may double the price of loaves. The...
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Fuel price remains until FG, labour end negotiations – PPPRA
The Petroleum Products Pricing Regulatory Agency on Sunday said the Petroleum Industry Act had signalled the full deregulation of the...
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Nigeria to Attract $150bn Investment from $4trn Halal Trade
Organisers of the International Halal Expo, Abuja Chamber of Commerce and Industry (ACCI) have stated that Nigeria is expected to...
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Abdullahi: National Digital Economy Policy Will Boost Media, Entertainment Industries’ Value to $30bn by 2030
With proper implementation of the National Digital Economy Policy and Strategy (NDEPS), other government interventions and investment in infrastructure, the...
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Nigeria has 20% women in executive level – Report
Nigeria may be moving towards gender equality as the average percentage of women at the executive level is 20 per...
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Experts raise concern as Nigeria’s inflation falls to 17.38%
Economic experts have expressed concerns over the reported decline in the country’s inflation rate to 17.38 per cent in July....
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Agusto & Co. affirms the “A+” rating and stable outlook assigned to Zenith General Insurance Company Limited
The rating expires on 30 June 2022. Agusto & Co. affirms the ‘A+’ rating assigned to Zenith General Insurance Company...
Read moreAgusto & 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. affirms Parthian Partners Limited’s ‘Bbb‘ rating
The rating expires on 30 June 2022 Agusto & Co. hereby affirms the “Bbb” rating assigned to Parthian Partners Limited...
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Agusto & Co. hereby affirms the ‘A-’ rating assigned to United Capital Plc
The rating expires on 30 June 2022 Agusto & Co. hereby affirms the ‘A-’ rating assigned to United Capital Plc (“United...
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Agusto & Co. affirms the ‘Aaa(NG)’ rating to Nigeria Mortgage Refinance Company Plc’s Series II ₦11 billion Fixed-Rate Secured Bond
The rating expires on 15 March 2022 Agusto & Co. affirms the “Aaa(NG)” rating assigned to the Series II ₦11...
Read moreAgusto & Co. upgrades Nigeria Mortgage Refinance Company Plc’s rating to ‘Aa-’
The rating expires on 30 June 2022 Agusto & Co hereby upgrades the rating assigned to Nigeria Mortgage Refinance Company...
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FG opens bid for airports concession, pegs worth of bidders at N30bn
The Federal Government, yesterday, opened bids for the concession of four international airport terminals in Lagos, Abuja, Port Harcourt and...
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Invest in Agricultural Sector to Attract Active Youth Participation
The Chief Executive Officer, the Global Macron Pace Limited, Mr. John Oriazowan, has urged the federal government to prioritise investment...
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FX Squeeze: Manufacturers Begin to Look Inward for Survival
The illiquidity in Nigeria’s foreign exchange market is forcing operators in the Nigerian manufacturing sector to look inward for local...
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Pension experts urge inclusion of informal sector
The Director, Centre for Pension Right Advocacy, Takor Ivor, has called for the inclusion of micro-pension in the ecosystem. He...
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Olam Mulls Listing on LSE by Q1 2022 As Profit Hits $667.8m
One of the world’s biggest suppliers of food ingredients, Olam International is planning to list on the London Stock Exchange...
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Total pension assets will hit N20tn by 2023 – Report
Nigerian pension industry’s net assets are expected to hit the N20tn mark by 2023, recording an average growth of 18...
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