ECOWAS maintains sanctions on Mali, Guinea

The Economic Community of West African States (ECOWAS) has resolved to maintain the sanctions imposed on Guinea and impose similar ones against the Mali Transitional Government. The resolution was part of the outcomes of ECOWAS Extraordinary Summit of the Authority of Heads of State and Government held on Sunday in Accra, Ghana. Laolu Akande, Senior […]
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Aruwah honored, receives African Most Influential Young Leaders Award

A US Army veteran and one of Africa’s top influential personalities who is making a great impact, Victor Chiagoziem Aruwah has been honored with the 100 Most Influential Young Leaders in Africa Award by the Pan African Youth Leadership Foundation in recognition of his achievements and contributions in developing youths and towards youth-focused projects in […]

GCR affirms FirstBank A ratings, robust funding

By Babajide Komolafe GCR Ratings (“GCR”) has  affirmed First Bank of Nigeria Limited’s national scale long and short-term ratings of A-(NG) and A2(NG) respectively, with the outlook revised to Stable from Negative Rating Watch. Explaining the rationale for the rating, GCR in a statement said: “The national scale ratings on FirstBank reflect the strengths and […]

Eddie Howe joins Newcastle United as head coach

By Emmanuel Okogba Eddie Howe who has been without a coaching job since he left AFC Bournemouth in early 2020 has been handed the task of helping Newcastle United escape relegation. Howe, 43, replaces Steve Bruce who could not manage to record a win this season before he got the sack – a winless run […]

State govts to provide ISPO for ABP in new guidelines

Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) has revised its Guidelines for the Anchor Borrower Programme (ABP) with a requirement that the state government that wants to key into the intervention, henceforth, should present an Irrevocable Standing Payment Order (ISPO), a sub-sovereign loan guaranty.  Such an ISPO should cover the entire value […]

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