Economy, markets, finance, CBN policy, energy, and industry.
Global Credit Ratings (GCR) has elevated Fidelity Bank's rating, citing a robust capital position and a solid funding profile. The upgrade reflects the bank's substantial deposit base, which underscores its financial stability and growth potential.
FirstBank's new FirstEase initiative offers customers an innovative way to manage big-ticket purchases and everyday bills through digital lending. The program provides flexible payment options for e-commerce and bill payments, enhancing financial accessibility for users.
The African Public Relations Association (APRA) has made history as the first recipient of the Africa PR Legacy Award, recognizing its significant contributions to the public relations profession across the continent. This prestigious accolade underscores APRA's commitment to excellence and innovation in the field of public relations.
In a significant move aimed at enhancing its governance, SUNU Assurances has appointed a new director and external auditor, as revealed in official communications to the Nigerian Exchange Limited on Monday. These changes are expected to fortify the company's operational integrity and strategic direction in the competitive insurance landscape.
Enugu Air has officially launched direct flights between Enugu, Nigeria, and Douala, Cameroon, enhancing regional connectivity for travelers. The announcement was made by the airline's Chief Operating Officer, Ugonna Agubuokwu, in a statement released in Lagos on Sunday.
In a fresh overview of stock opportunities, Nascon, Coronation, and Jaiz Bank emerge as top recommendations for investors this week. Financial experts advise consulting with advisors for tailored investment strategies.
As Aliko Dangote encourages Nigerians to invest in his refinery's IPO, critics caution against the risks involved, questioning the promised wealth distribution. Dele Sobowale argues that the venture may not yield the riches for small investors that are often portrayed.
LECON Finance has been awarded a 'B/Stable/B' rating by S&P Global, indicating a positive outlook based on its anticipated continued support from the Bank of Industry (BOI). This rating underscores LECON's strategic importance as a subsidiary within the BOI framework.
The Group Managing Director emphasizes the potential for collaboration between Nigeria and Brazil across various sectors, including agriculture, manufacturing, and technology. This initiative aims to bolster trade and investment ties between the two nations.
The Centre for the Promotion of Private Enterprise (CPPE) has expressed concerns regarding the rising presence of foreign traders, particularly Chinese nationals, in Nigeria's retail sector. This statement comes in the wake of protests from local auto spare parts traders at the Lagos International Trade Fair Complex, highlighting growing tensions in the marketplace.
A significant dispute has erupted among shareholders of a Nigerian company involving a majority faction and a minority shareholder accused of exerting undue influence. The conflict centers around ownership stakes, with tensions rising over control and governance of the firm.
Nigeria's escalating security challenges are having a profound effect on its real estate market, as fears of violence and instability deter investment and growth. Recent mass kidnappings and ongoing conflicts have raised critical concerns about the safety and viability of properties across the nation.
