By Kayode Tokede Fitch Ratings has revised the Outlook on Union Bank of Nigeria Plc to stable from negative, and affirmed the financial service boutique’s Long-Term Issuer Default Rating (IDR) at ‘B-,’ putting the viability rating (VR) at ‘b-.’The ratings…
By Tobi Adetunji A 28-year-old man, Ibrahim Musa, on Tuesday appeared before a Magistrates’ in Ota, Ogun, for allegedly receiving stolen Closed-Circuit Television (CCTV) batteries and three Binatone television sets. The police charged Musa, whose address was not provided, with…
The further rise in global crude oil prices has pushed the daily subsidy on Premium Motor Spirit, also known as petrol, to N6.07bn. Petrol subsidy, which was removed in March 2020, re-emerged earlier this year as the government has left…
The Minister of Finance, Budget, and National Planning, Mrs Zainab Ahmed, has said the Nigerian economy is currently being driven by the non-oil sector. Ahmed said this when she led officials of her ministry to hold a meeting with the…
The Debt Management Office (DMO) on Monday offered for subscription more Federal Government bonds at N1000 per unit. According to information in its official website, DMO announced that the bonds were two-year FGN Savings Bond due in July 14, 2023…
The Federal Government says it is working conscientiously to ensure that the country meets the global demands on cleaner energy. Vice President, Yemi Osinbajo said this on Tuesday at the opening of the 2021 Nigeria Oil and Gas Conference holding…
Lagos Chamber of Commerce and Industry (LCCI) has predicted improvement in 2021 second and third quarters’ growth performance index. The President of LCCI, Mrs Toki Mabogunje, made the prediction at the LCCI quarterly press briefing on Tuesday in Lagos. She…
By Kayode Tokede Following gains by some blue-chip stocks, the Nigerian Exchange (NGX) Limited sustained an uptrend trend on Tuesday adding N103.23billion to push the market capitalisation to close at N20.027 trillion. The All-Share Index (ASI) grew by 198.03 basis…
By Kayode Tokede First City Monument Bank (FCMB) group Plc and Ecobank Transnational Incorporated (ETI) have announced closed period over unaudited half year result and accounts for period ended June 30, 2021. The closed period is the time between the…
Street begging is growing to become one trend of deficient social character in the Nigerian societal configuration. The gradual enlargement of the trend has grown to asuming a somewhat ‘menace’ dimension. To some, the menace constitutes nuisance to what the…
