Nigeria’s Credit Rating Lifted by Fitch for First Time Since 2019
Fitch Ratings has upgraded Nigeria’s long-term foreign-currency issuer default rating to ‘B’ from ‘B-‘, with the outlook said to be
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Economics
FDI Inflows into Nigeria Fall 42% While Remittances Rise
Foreign direct investment inflows into Nigeria declined by 42.3 percent last year to $1.08 billion amid the exit of several
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Nigeria’s Business Activity Rises for Fourth Straight Month as Demand Soars
Business activity in Nigeria rose for the fourth straight time in March as inflationary pressures continue to ease, according to
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Nigeria Leaves Kenya in the Dust With $8.19bn Private Equity Deals
Nigeria emerged as the clear favourite for equity investors last year as it attracted the most in volume and value,
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Cote d’Ivoire’s Debt Profile to Improve on Eurobond Issuance: S&P
S&P Global Ratings said on Thursday that the latest Eurobond issuance by Cote d’Ivoire (BB/Stable/B) will allow the sovereign to
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How Dangote’s fuel sale in dollars will affect Nigeria’s economy
On Wednesday, Dangote Petroleum Refinery announced the suspension of the sale of petrol and other refined products in naira as
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Nigerian Breweries raises stake in Distell Wines to 100%
Nigerian Breweries has acquired the remaining 20% shareholding in Distell Wines and Spirits Nigeria Limited (DWSN). NB had previously in
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FULL TEXT: Tinubu declares state of emergency in Nigeria’s oil-rich Rivers state
Below is President Bola Tinubu’s national broadcast on Tuesday, in which he declared a state of emergency in Rivers State.
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Dangote plans Nigeria’s largest port in state that lost $20bn refinery project
Aliko Dangote, president/chief executive of Dangote Group, is looking to build the largest sea port in Nigeria at Olokola Free
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Yam, potato, flour drive down Nigeria’s food inflation for second month
Nigeria’s annual food inflation dropped to 23.51% in February from 26.08% in the previous month, according to the latest Consumer
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