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.
Naira depreciates further to N360.70/$ in I&E as external reserves gain $405.5m
The naira Thursday appreciated to N360.70 per dollar in the Investors and Exporters (I&E) window, even as the nation’s external reserves recorded $405.5 million increase Week-on-Week.
SEC extends e-dividend free registration till Feb. 28
The Securities and Exchange Commission (SEC) has extended period for the free e-dividend registration to Feb. 28, to encourage more shareholders participation in the initiative.
Nigerian Stock Exchange: Fidson Healthcare, NASCON Allied to losers charts
31 companies shed weight at the end of today ‘s trading triggering a slow down in the market with investors losing N13 billion from their investment.
AfDB targets $8 b investments in Nigeria
…As FG asks the bank to make Nigeria regional hub Emma Ujah, Abuja Bureau Chief The African Development Bank, (AfDB) would increase its investments in Nigeria to $8 billion by next year, the President, Dr. Akinwumi Adesina, has revealed. Speaking at the opening of the bank’s Country Office building in Abuja, Thursday, he said that […]
Growth, digitisation, innovation top priority for banks in 2018 – EY Report
Banks in Nigeria and across the world are expected to shift priorities towards growth, digitalisation, and innovation as top priorities in 2018 to be able to remain in business and make remarkable profit.
