By Dipo Olowookere Fitch Ratings has announced downgrading the Long-Term Issuer Default Rating (IDR) of Nigeria’s Diamond Bank Plc to ‘CCC’ from ‘B-‘. In a statement...
By Dipo Olowookere In the month of October, the revenue collected by federal government depreciated by 38.4 percent or by N66.51 billion. In its Economic Report...
By Dipo Olowookere In order to make cheap electricity is enjoyed at the Onne Oil and Gas Free Zone, the Oil and Gas Free Zones Authority...
By Dipo Olowookere The treasury bills market was bearish on Friday as bears took over the market, with tight system liquidity weighing on the secondary market...
By Modupe Gbadeyanka Eighteen lawmakers of the All Progressives Congress (APC) and the Peoples Democratic Party (PDP) in the Imo State House of Assembly have left...
By Modupe Gbadeyanka Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has said the decision by federal government to restrict the importation of...
By Modupe Gbadeyanka Tier two financial institution in Nigeria, First City Monument Bank (FCMB) Plc, has disclosed receiving the sum of $3 million from the sale...
Fitch Ratings has affirmed the National Ratings of Stanbic IBTC Bank PLC and its non-operating holding company, Stanbic IBTC Holding Company PLC, both at Long-Term ‘AAA(nga)’...
By Modupe Gbadeyanka The sum of $210 million was on Tuesday injected into the foreign exchange (forex) market by the Central Bank of Nigeria (CBN). This...
By Modupe Gbadeyanka For the third consecutive time this week and the fifth time in a row, the Central Bank of Nigeria (CBN) floated an Open...
