News
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Questionable Sale of Polaris Bank
The order- of -magnitude apportioned by Maya Angelou ,a poet and activist , to courage as a virtue is legendary…
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CBN Announces Completion of Sales of Shares in Polaris Bank to Strategic Capital Investment Ltd as New Core Investor
The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) are pleased to announce the completion…
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Fidelity Bank redeems $400m Eurobond
Fidelity Bank plc (“Fidelity Bank” or the “Bank”) announced today the redemption of the $400,000,000.00 Eurobond Notes due October 17,…
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Kogi Communities Jubilate as Dangote Cement Obajana Plant reopens
There were huge scenes of jubilation among affected host communities following the Federal Government’s order for the immediate reopening of…
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Atiku’s desperate resort to ethnic jingo in the face of imminent defeat
d The statement of Peoples Democratic Party’s presidential candidate, Alhaji Abubakar Atiku to the effect that Northerners don’t need a…
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Pension Funds Move to Corporate Debt Securities Amid Rising Interest Rates
According to the data released by National Pension Commission, the Pension Funds Administrators have widened their investments in corporate bonds…
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Nigeria Far Behind in Broadband Infrastructure Claim Tech Analysts
Among the 88 countries tracked by Omdia in fibre optic deployment capacity, Nigeria ranked 85th. The survey carried out in…
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Oil Theft and Lack of Domestic Supply Obligations Stall Modular Refineries
The rising scale of crude oil theft, ageing infrastructure, and years of underinvestment, which has led to shut in of…
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Equity Market Supports Positive Reversal as Investors Go Long
The Equity market opens the week bullish as investors’ buy interest is renewed. The NGX All-Share Index advanced by 0.45%…
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Moody’s Places the Long-term Ratings of Nine Nigerian Banks on Review for Downgrade
Moody’s Investors Service (Moody’s) has placed on review for downgrade the long-term deposit ratings, as well as long-term issuer and…
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