African Export-Import Bank (Afreximbank), has been ranked as Africa’s #1 mandated lead arranger in sub-Saharan Africa, according to Bloomberg’s 2020 full-year “Capital Markets League Tables”. This...
Ecobank Group has recorded a revenue of over N630 billion for the year ended December 31, 2020. This represents a 7% growth when compared to N586.9...
Federal Government of Nigeria has said that it paid off the 6.75% $500 million Jan 2021 Eurobond, which matured on the 28th of January 2021. This...
During the week, the CBN held its first monetary policy committee (MPC) meeting for the year on the backdrop of dampened optimism for improvement in global output...
A Dutch court has ordered Shell to pay compensation over oil spills in Nigeria’s Niger Delta in a ruling which could pave the way for more...
African Export-Import Bank (Afreximbank) has disbursed $250 million of the $1.1 billion that supported the acquisition by Trans Niger Oil and Gas Limited (TNOG) of a...
World Bank has said that Economic inclusion programs has helped to boost the income and assets ofthe world’s poorest individuals and households with a “big push”...
At the close of trade, gains in banking stocks -STANBIC (+5.9%), ZENITH (+3.0%) and GUARANTY (+2.4%)- pushed the NSE-ASI index higher by 57bps to close at 42,169.41 points. Consequently, the YTD...
Fitch Ratings has assigned Ecobank Nigeria Limited (ENG) a Long-Term Issuer Default Rating (IDR) of ‘B-‘ with a Stable Outlook, Viability Rating (VR) of ‘b-‘ and...
The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded a total of ₦158.04 billion from the...
