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Dangote Refinery to sell 12.7% stake abandoned by NNPC – Fitch
Credit rating agency Fitch has said that Dangote Refinery plans to sell a 12.7 per cent stake in 2024 for loan servicing.
The stake on...
Fitch puts Ecobank rating on negative watch
US credit ratings agency Fitch has placed the creditworthiness of Ecobank Transnational Incorporated (ETI) and its local unit Ecobank Nigeria on watch for a...
Visionscape missed payments does not affect Lagos ratings – Fitch
Global credit rating agency, Fitch Ratings, has said Lagos
State maintained positive economic ratings despite missed contracted services
payment by Visionscape Sanitation Solutions as a result...
Fitch affirms UBA’s viability rating as Agusto upgrades rating to “Aa”
Fitch International, one of the foremost global rating agencies has affirmed United Bank for Africa (UBA) Plc’s viability rating at “B”, as the pan-African...
Fitch upgrades Access Bank ratings
Fitch Ratings has upgraded Access Bank’s long-term National Ratings to “A” from “A-” with a stable outlook.
Access Bank Plc, a leading full service commercial...
The many silver linings of Tinubu’s seven months in office
By Bayo Onanuga
The removal of fuel subsidy and the move to merge foreign exchange rates, two headline reforms introduced by the President Bola Tinubu...
How NOVA Merchant Bank stays profitable despite COVID-19 — CEO Nath Ude
Managing director/chief executive officer of NOVA Merchant Bank Nath Ude says the bank is focused on identifying infrastructural gaps which it can fund both...
Saraki @ 57: A man and his nation’s anti-graft war
By Yusuph Olaniyonu
Today, Dr. Abubakar Bukola Saraki, the 13th and third longest-serving President of the Nigerian Senate turns 57. The son of the...
France World Cup winning captain, Hugo Lloris, gets 20-month ban for drink-driving
Tottenham Hotspur goalkeeper, Hugo Lloris, has been fined £50,000 and banned from driving for 20 months after admitting to being twice the drink-drive limit when...
FirstBank targets 10 million new customers with agency banking
Nigeria’s premier financial institution, First Bank of Nigeria Limited, is targeting to grow its customer base by over 10 million new customers in the...