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.
Be realistic in oil, gas industry reforms, OPS tells FG
The Organised Private Sector, OPS, has called on the federal government to take a more realistic path in the ongoing efforts to restructure the country’s oil and gas industry.
E-payment transactions drop to N19.33trn in Q3, 2017
The National Bureau of Statistics, NBS, has said that the value of e-payment transactions recorded by banks in third quarter (Q3), 2017 declined to N19.33 trillion from N19.78 trillion in the second quarter (Q2) of the year, representing 2.3 percent decrease.
FG rakes in N17bn from Tax Amnesty scheme
The federal government has received N17 billion from the Voluntary Assets and Income Declaration Scheme, VAIDS, that commenced July 2017.
Naira appreciates to N360.41 in I&E
(I&E) window, while the volume of dollars traded fell sharply by 80 percent.
Skye Bank, six others awarded platinum prize as top donors of Lagos security trust fund
Skye Bank Plc., one of Nigeria’s leading retail commercial banks and six other companies have been commended and awarded platinum prize for committing huge resources in support of securing lives and property in Lagos State.
