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Finance & Economy
Court Sentenced Fidelity Bank Secretary, MD to Six Weeks in Prison
A chief magistrate’s court in Ogba, Lagos, has sentenced Nneka Onyeali-Ikpe, Managing Director of Fidelity Bank, to six weeks in…
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Finance & Economy
The Markets in Review: General Elections and the Markets – Coronation Research
General elections are to commence in just under three weeks’ time, with presidential and parliamentary polls due at the end…
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Finance & Economy
Fuel Scarcity Cripples Economy as S&P’s Outlook for Nigeria Turns Negative
Hope of Resolving Fuel Scarcity Challenges Rises as Stakeholders Parley If the recent engagement of all stakeholders in the downstream…
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News
Marketers consider shutting down filling stations to enforce N195 per litre today
The Independent Marketers Association of Nigeria (IPMAN) has told its members to consider shutting down filling stations this week. The…
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Finance & Economy
Stallion Nigeria refutes claim of alleged debt to GTB, says matter pending in court
Stallion Nigeria has refuted reports that it is indebted to Guaranty Trust Bank (GTB) to the tune of N13 billion.…
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Finance & Economy
S&P Revises Nigeria’s Outlook to Negative from Stable on Weakening Fiscal and External Metrics’ ; ‘B-/B’ Ratings Affirmed
Overview Low (albeit recently rising) crude oil production, large refined-petroleum subsidy costs, high debt service expenditure, and associated sizable fiscal…
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Finance & Economy
CBN Directs DMBs to Pay Redesigned Naira Notes Over the Counter; Police and Other Agencies to Prosecute Sellers, Abusers of Naira
…Assures That Queues At ATMs Will Disappear Soon …Directs OTC payment of Redesigned Banknotes by DMBs The Central Bank of…
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News
EFCC Restates Commitment to Tackling Electoral Fraud
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa today reiterated the Commission’s resolve to ensure…
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Finance & Economy
FIRS Revenue at N10trn in 2022 Dipped by 24% In Dollar Translation
Nigeria’s Federal Inland Revenue Service (FIRS) stated that it collected N10.1trn in tax revenues in 2022, the highest tax collected…
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Finance & Economy
Nigeria disagrees with ‘surprise’ Moody’s downgrade
Nigeria’s finance minister, Zainab Ahmed, said on Thursday that she disagreed with what she called a “surprise” downgrade of the…
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