Fitch upgrades BoI’s National Rating to ‘AAA(Nga)’
By Cynthia Alo Fitch Ratings has upgraded Bank of Industry’s (BoI) National Long-Term Rating to ‘AAA(nga)’ from ‘AA+(nga);’ and affirmed the Nigeria-based bank’s Long-Term Issuer Default Rating (IDR) at ‘B’ with a Stable Outlook. It said the upgrade of BoI’s rating reflects the linkage between the bank and the sovereign has strengthened, as evident in […]
ECA, AUDA–NEPAD renew partnership to enhance sustainable growth in Africa
A Memorandum of Understanding (MoU) that will enhance partnership and collaboration between the Economic Commission for Africa (ECA) and the African Union Development Agency-New Partnership for Africa’s Development (AUDA-NEPAD) have signed.
COVID-19: FG probes airport officials for aiding protocol breach
THE Federal Government, yesterday, vowed to probe some airport officials who continue to extort inbound international travelers with a view to helping them evade quarantine in the wake of the resurgence of COVID-19.
Alleged trademark infringement: Court vacates exparte order against NBC
JUSTICE Chukwujekwu Aneke of the Federal High Court, sitting in Lagos, yesterday, discharged an exparte motion granted Rite Food Limited, against Nigerian Bottling Company, NBC, and its Managing Director, Mattieu Seguine, over alleged trademark infringement.
UN speech: Practice what you preach, Afenifere tells Buhari
THE pan-Yoruba socio-political organization, Afenifere, yesterday, advised President Muhammadu Buhari to put into practice what he said about justice, fairness and equity on the floor of the United Nations, when he addressed the world body, last Friday.
Mayhem in Enugu, Anambra
Attacks and killings resuscitated in the South East yesterday as gunmen went on rampage on two locations in Anambra State, killing three persons and wounding many at All Progressives Congress, APC meeting and an All Progressive Grand Alliance, APGA, rally.
