Moody’s affirms deposit ratings of First Bank, changes outlook to stable from negative
Moody's affirms deposit ratings of First Bank, changes outlook to stable from negative By Kayode Ogunwale Moody's Investors Service has affirmed First Bank of Nigeria Limited's (FBN) B2/Not Prime…
AfDB to invests $10 million in Chapel Hill Denham Nigeria infrastructure debt fund
AfDB to invests $10 million in Chapel Hill Denham Nigeria infrastructure debt fund By Kayode Ogunwale The Board of Directors of the African Development Bank Group has approved a…
Senate approves government’s planned $2.79bn Eurobond issue
Senate approves government's planned $ Eurobond issue The Senate on Wednesday approved the government’s request to issue a $ billion Eurobond on international debt markets to fund capital projects…
NNPC denies existence of $3.5bn fuel subsidy fund
NNPC denies existence of $ fuel subsidy fund Nigerian National Petroleum Corporation (NNPC) on Wednesday denied National Assembly accusation that it had a $ billion fund to surreptitiously subsidise…
CBN, MTN getting closer to settlement -minister
CBN, MTN getting closer to settlement -minister Central Bank of Nigeria (CBN) and South African telecommunications firm MTN could soon strike a deal in their dispute over the repatriation…
Heritage Bank, NIMASA partner on global maritime safety standards
Heritage Bank, NIMASA partner on global maritime safety standards Heritage Bank Plc, and Nigerian Maritime Administration and Safety Agency (NIMASA) have joined forces to educate stakeholders about the maritime…
BudgIT laments as Nigeria ranks 157th out of 157 countries in the commitment to reducing inequality index
BudgIT laments as Nigeria ranks 157th out of 157 countries in the commitment to reducing inequality index BudgIT expresses dismay at Nigeria’s position for the second time in commitment…