Markets
Marketers finally hike petrol price to N170-N190/litre
Premium Motor Spirit popularly known as petrol will now be sold between N170/litre and N190/litre in filling stations across the...
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Power supply to drop again, TCN alerts Nigerians
The Transmission Company of Nigeria, in a statement on Monday, said the drop would be as a result of planned...
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Agusto & Co. affirms Coronation Merchant Bank’s ‘A+’ rating, assigns an ESG score of 2 and a stable outlook.
The rating expires on 30 June 2023. Agusto & Co. has affirmed the ‘A+’ rating assigned to Coronation Merchant Bank...
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Agusto & Co. upgrades Access Bank Plc.’s rating to ‘Aa’, assigns an ESG score of 2 and a stable outlook.
The rating expires on 30 June 2023. Agusto & Co. has upgraded Access Bank Plc.’s (‘Access Bank’ or ‘the Bank’)...
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Agusto & Co. upgrades Rand Merchant Bank Nigeria Limited’s credit rating to ‘Aa’, with a stable outlook
The rating expires on 30 June 2023. Agusto &Co. hereby upgrade the rating of Rand Merchant Bank Nigeria Limited (‘RMBN’...
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Marketers, depots fight over 16.6bn litre fuel diversion
Oil marketers and depot owners have clashed over allegations of diversion of 16.6 billion litres of fuel to neighbouring countries....
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MAN tackles CBN over N1tn low-interest loan
Manufacturing companies have said they cannot access loans at the Central Bank of Nigeria’s five per cent lending rate under...
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Agusto & Co. hereby affirms the A-(f) rating to Zenith Money Market Fund
The rating expires on 21 March 2023. Agusto & Co. hereby affirms the A-(f) rating of Zenith Money Market Fund (“ZMMF” or...
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The Economics of Insecurity: Nigeria’s Rough Patch – Agusto & Co.
Nigeria’s insecurity challenge has grown beyond the activities of Boko Haram (the extremist terrorist group) into what is now a...
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Agusto & Co. upgrades the rating of ValuAlliance Money Market Fund to A+(f)
The rating expires on 23 March 2023. Agusto & Co. upgrades the rating of ValuAlliance Money Market Fund (‘ValuAlliance MMF’...
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Agusto & Co. affirms the A(f) rating of First Ally Money Market Fund
The rating expires on 27 April 2023 Agusto & Co. affirms the A(f) rating of First Ally Money Market Fund (“First Ally...
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Agusto & Co. assigns TAJBank Limited a ‘Bbb-’ rating, with a stable outlook.
The rating expires on 31 December 2022. The rating assigned to TAJBank Limited (“TAJBank” or “the Bank”) reflects the Bank’s...
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Agusto & Co. affirms the ‘A-’ rating assigned to the ₦41.2 billion 10-year Series 1 Bond of Fidelity Bank plc with a stable outlook.
The rating expires on 7 January 2023. Agusto & Co. affirms the ‘A–’ rating assigned to Fidelity Bank Plc’s (‘Fidelity Bank’,...
Read moreAgusto & Co. affirms Fidelity Bank’s ‘A’ rating, with a stable outlook.
The rating expires on 31 December 2022. Agusto & Co. hereby affirms the ‘A’ rating of Fidelity Bank Plc (‘Fidelity...
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SIM-NIN: 22 days after ban, Telcos lose N76bn, subscribers stranded
Telecommunication companies have lost about N75.78bn as subscribers struggle to link their National Identification Number to the Subscriber Identity Module,...
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Experts Urge Stakeholders to Explore CBN’s N250bn LPG intervention Fund
Energy experts have urged players in the gas subsector in Nigeria to take advantage of the recent N250 billion intervention...
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Agusto & Co. affirms the ‘A+(f)’ rating assigned to Chapel Hill Denham Money Market Fund
The rating expires on 16 March 2023. Agusto & Co. affirms the ‘A+(f)’ rating assigned to Chapel Hill Denham Money...
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Q2 Training Programmes
Agusto Consulting is inviting you to register for our Q2 open nomination training programmes; Financial Statement Analysis and Basic Credit Analysis, scheduled for...
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Expert Proffers Ways to Firm-up Naira, Hails CBN on Managed-Floating
The Chief Executive, Globa Analytics Company Limited, Dr. Tope Fashua, has said agriculture remained a veritable tool for strengthening the...
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Banning Russian Oil Will Destabilise Energy Market, OPEC Tells EU
The Organisation of Petroleum Exporting Countries (OPEC) has told the European Union (EU) that global energy markets would be destabilised...
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Bread prices may go up, bakers blame forex, energy crises
Bakers under the aegis of the Premium Bread-Makers Association of Nigeria have said a harsh business environment triggered by rising...
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NAICOM Sustains Drive to Meet Growth Target as Insurers Grows Assets by N1.17tn
The National Insurance Commission (NAICOM), is relentless in its efforts to achieve its target for insurance operators in the country...
Read moreNigerians spend $39.66bn on foreign education, medical tourism – CBN report
NIGERIANS spent a total of $39.66bn on foreign education and healthcare-related services between 2010 and 2020, according to the Central...
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116.46 million litres fuel lost in 2021, say NNPC reports Kindly share this story:
A total of 116.46 million litres of Premium Motor Spirit, popularly called petrol, valued at N18.88bn was stolen in 2021,...
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Emefiele Replies IMF, Says CBN Credit Expansion Programme in Order
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has said its credit intervention programme has helped...
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