Fitch revises Nigeria’s outlook to positive, affirms ‘B’ rating
Fitch has revised Nigeria’s Long-Term Issuer Default Ratings outlook from Stable to Positive, citing the success of the sustained economic reforms and rising foreign exchange reserves.
CBN injects another $210m into foreign exchange market
The Central Bank of Nigeria (CBN) in its quest to guarantee the availability of foreign exchange for customers’ needs has injected another 210 million dollars into the foreign exchange market.
Trade wars to cost global economy $470bn – Experts
The U.S. decision to impose tariffs on steel and aluminium imports may trigger trade wars, which could cost the world economy 470 billion dollars by 2020, warned Bloomberg economists on Monday.
Banks not impacting on lives or livelihoods of most Nigerians – Osinbajo
The Vice President, Prof Yemi Osinbajo, on Monday decried the low impact of commercial banks on the citizenry with no fewer than 40 per cent of the people under-banked.
Zenith Bank declares N785.19bn gross earnings for 2017
Zenith Bank has announced gross earnings of N745.19 billion for the financial year ended Dec. 31, 2017.
SON harps on reviews on soft drink standards
THE Standard Organisation of Nigeria, SON, has emphasized the need for Nigeria to generate her own data on Benzene level in soft drinks, in a bid to arrive at the safe maximum level of benzoic acid or opt for alternative preservatives.
