Fitch Keeps Nigeria at ‘B-‘ with Positive Outlook
Fitch Keeps Nigeria at ‘B-‘ with Positive Outlook Fitch Ratings has affirmed Nigeria’s credit or long-term foreign currency issuer default rating (IDR) at ‘B-‘ with a positive outlook. The ratings…
Read moreOando Energy Returns to Profitability with N60bn Net Income
Oando Energy Returns to Profitability with N60bn Net Income The dual listed Oando Energy Plc has returned to profitability with N60.3 billion in net income, according to its audited financial…
Read moreNaira Recovers Faintly from Overwhelming Demand for US Dollar
Naira Recovers Faintly from Overwhelming Demand for US Dollar The Nigerian naira recovered from the US dollar and other foreign currency demand invasions in the just concluded week in the…
Read moreIMF Expands Executive Board with Sub-Saharan Africa as 25th Chair
IMF Expands Executive Board with Sub-Saharan Africa as 25th Chair The International Monetary Fund (IMF) member countries have elected an expanded Executive Board of 25 Executive Directors, including three representing…
Read moreFG Releases Funds for Payment of NASU, Retirees’ Entitlements
FG Releases Funds for Payment of NASU, Retirees’ Entitlements The Federal Government (FG) has released funds for payment of withheld salary of Non-Academic Staff Union of Federal Universities (NASU). Mr…
Read moreZamfara Gets $2.5m Humanitarian Aid from Saudi Arabia
Zamfara Gets $2.5m Humanitarian Aid from Saudi Arabia Zamfara Government said it has received $2.5 million from Saudi Arabian Donor Agency to support internally displaced persons with humanitarian challenges. The…
Read moreFCT Approves N33.24 billion for New Projects
FCT Approves N33.24 billion for New Projects The Federal Capital Executive Committee has approved N33.24 billion worth of contracts for execution within the next one year. The committee gave the…
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