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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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Agusto & Co. hereby affirms the A(f) rating assigned to Coral Money Market Fund (‘Coral MMF’ or ‘the Fund’).
The rating expires on 15 April 2022 The rating is supported by the Fund’s conservative credit stance in a period...
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Agusto & Co assigns a Bbb-(f) rating to GDL Money Market Fund
The rating expires on 10 May 2022 Agusto & Co assigns a Bbb-(f) rating to GDL Money Market Fund (‘GDL MMF’ or ‘the...
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Agusto & Co affirms the A-(f) rating assigned to Zenith Money Market Fund
The rating expires on 18 March 2022. Agusto & Co affirms the A-(f) rating assigned to Zenith Money Market Fund (‘Zenith MMF’...
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Agusto & Co. assigns an A-(f) rating to Abacus Money Market Fund.
The rating expires on 27 May 2022. Agusto & Co. assigns an A-(f) rating to Abacus Money Market Fund (“the Fund” or...
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Businesses must accept e-naira payment, CBN warns
The Central Bank of Nigeria says the e-naira which is set to be launched on October 1, 2021, is a...
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AbokiFX: BDCs halt exchange rate publication, naira slides further
The naira defied all interventions and continued sliding against other currencies, exchanging 580 to the dollar at the parallel market...
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Agusto & Co. hereby affirms the AA(IM) rating assigned to ARM Investment Managers Limited
Rating expires 2 June 2022. Agusto & Co. hereby affirms the AA(IM) rating assigned to ARM Investment Managers Limited (“ARM IM” or...
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Agusto and Co. assigns a Aa- fund credit quality rating and an FV3 fund volatility rating to Legacy Debt Fund
The rating expires on 14 June 2022. Agusto and Co. assign an Aa- fund credit quality rating and an FV3 fund volatility...
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Agusto & Co. upgrades the rating of Africa Plus Partners Limited (APPL or ‘the Manager’) to A-(IM).
The rating expires on June 23, 2022. The rating reflects the Manager’s satisfactory research capabilities, extensive deal analysis and good...
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Agusto & Co upgrades the rating of Legacy Money Market Fund (‘Legacy MMF’ or ‘the Fund’) to A+(f).
The rating expires on 30 July 2022. The rating reflects the Fund’s conservative stance and adherence to regulatory requirements in...
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First Bank expands IMTOs to boost diaspora remittances
First Bank of Nigeria Limited says it has increased its network of International Money Transfer Operators to ease the accessibility...
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ABSA Advocates Social Investment Plan from Oil and Gas proceeds
Developing a social investment plan that utilizes proceeds from the oil and gas sector is critical to stimulating impactful growth...
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Customer service boosting financial gains – UBA GMD
The Group Managing Director/Chief Executive Officer, United Bank for Africa Plc, Kennedy Uzoka, has said that the bank recorded significant...
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