Fitch Ratings has upgraded Nigeria’s Long-Term Foreign-Currency Issuer Default Rating from ‘B-’ to ‘B’ and assigned a stable outlook to the country. According to Fitch Ratings’ assessment published on its website on Friday, the upgrade reflects growing confidence in Nigeria’s…
The Minister of State for Industry, Trade and Investment, John Enoh, has reaffirmed the federal government’s unwavering dedication to breathing new life into Nigeria’s Cotton, Textile and Garment (CTG) sector. The sector, he projected, has the potential to generate up…
By Seun Ibiyemi The owners of APM Terminals Apapa have reaffirmed their dedication to investing $500 million in the expansion of their operational footprint in Nigeria, a move poised to significantly enhance port infrastructure and boost trade activity. In addition,…
The Benue Investment and Property Company Limited (BIPC) is planning to set up a mortgage bank to provide accessible and sustainable housing for residents. BIPC Managing Director(MD), Mr Raymond Asemakaha, made the disclosure on Thursday when he received Primary Mortgage…
The Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, has been granted the prestigious Freedom of the City of London in a distinguished ceremony held at the Mansion House, City of London, on Monday, April 7th, 2025. This…
…As Transcorp reports N94.1bn profit after tax By Seun Ibiyemi The Chairman of Transnational Corporation Plc (Transcorp), Tony Elumelu, has called on key stakeholders within the federal government to show courage and decisiveness in realising President Bola Ahmed Tinubu’s vision…
By Sodiq Adelakun Lagos State Governor, Mr. Babajide Sanwo-Olu, has reiterated his administration’s dedication to strengthening bilateral ties with the Kingdom of Sweden, with a focus on key areas such as information technology, cybersecurity, and infrastructure development, all aimed at…
By Ismail Azeez, Osogbo Governor Ademola Adeleke has called on the United Kingdom government to focus on investing in Nigeria at the sub-national level, particularly in Osun State, which he referred to as the heartland of South-Western Nigeria. The Governor…
By Seun Ibiyemi The Nigerian Communications Commission (NCC) has announced that telecom consumers will be able to reclaim unused airtime within 12 months of deactivation. This provision is part of the new Draft Guidance aimed at regulating the management of…
By Matthew Denis The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has underscored the importance of corporate governance as a crucial factor in President Bola Ahmed Tinubu’s ambition to build a $1 trillion economy. He…
