World’s leading ratings agency, S&P Global, has upgraded the long-term ratings of seven Nigerian banks following its recent upgrade of Nigeria’s sovereign credit rating, citing ongoing economic reforms, improved foreign exchange market...
in Lagos Central Bank of Nigeria (CBN) yesterday resolved to retain the Monetary Policy Rate (MPR), the benchmark interest rate, at 26.5 per cent, and the standing facilities corridor around the MPR at +50/-450 basis points. The central...
Rivers State Governor, Siminalayi Fubara, has withdrawn from participating in the 2027 All Progressives Congress (APC) governorship primary holding today in the state. He, however, described the decision as difficult but...
President Bola Ahmed Tinubu received Ooni of Ife, His Imperial Majesty, Oba Adeyeye Enitan Ogunwusi Ojaja ll, at his residence Ikoyi, Lagos, on Tuesday
The $5 billion Nigeria Liquefied Natural Gas (NLNG) Train 7 project has reached 92 per cent completion and is now advancing into systems completion and pre-commissioning, marking a major milestone for Nigeria’s gas expansion drive and...
