Moody’s changes Nigerian banks’ rating outlook to positive
Moody’s Investors Service has affirmed the Caa1 long-term deposit ratings, long-term issuer ratings as well as the senior unsecured debt
Read more
TOP STORIES
Six months after commissioning, Dangote refinery gets first crude cargo
Dangote Petroleum Refinery and Petrochemicals plant said it has purchased 1 million barrels of Agbami crude grade from Shell International
Read more
Never say no for the other person
By Harvey Mackay A farmer’s plow broke, and he thought he would ask his neighbor Murphy if he could borrow
Read more
How to brush up on your sales techniques
By Harvey Mackay Years ago, a salesperson friend told me a story about his daughter. She insisted on buying her
Read more
Nigeria’s largest brewer taps solar power to curb diesel use
Daystar Power, a leading hybrid solar power solutions provider for businesses and industrial manufacturers in Africa, signed an agreement with
Read more
Niger Delta group puts oil firms, others on notice as protest holds Dec. 8
The Niger Delta Congress has put oil companies, banks and other businesses on notice as it announced that it will
Read more
Nigeria, Angola’s pushback against OPEC+ oil output quotas persists
OPEC+ is no closer to resolving the deadlock over oil-output quotas for some African members that has already forced the
Read more
Nigeria leads as 750 African startups raised at least $1m round in five years
Nigeria is home to a quarter of startups in Africa that raised at least a $1 million round since 2019,
Read more
FCMB’s credit losses exceed profit, hit N57bn
FCMB Group Plc’s profit before tax for the first nine months of this year failed to keep pace with its
Read more
Naira extends slide as FX market loses 13% of liquidity
The naira extended its decline against the dollar on the official market as liquidity was 13.37 percent lower last week,
Read more