Ecobank Nigeria has stable outlook, quality management – Fitch
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 National Long-Term Rating of 'BBB (nga)'.
The report, released Thursday, noted that...
CBN disburses N554bn to 2m farmers to boost food security
The CBN says it has disbursed N554.61 billion to 2, 849,490 farmers to boost food security under its Anchor Borrowers Programme (ABP) beginning from 2015.
In a communique issued in Abuja on Wednesday, Mr Godwin...
MTN supports Africa Union with US$25 million vaccination
President and Chief Executive Officer of MTN Group, Ralph Mupita,on Wednesday in Johannesburg said that he was proud to announce on behalf of the company the donation of US$25million to support the African Union...
FEC okays N9.5bn contracts for power, roads
CHISOM METU
The Federal Executive Council (FEC) has approved the National Quality Policy.
Also, a total contact sum of about N9,334,210,910 was approval by Council for roads and power projects across the country.
Minister of Industry Trade...
First Crowdfunding platform to give grants emerges
Giving.ng, has revealed an upgraded platform that eases the burden of social impact fundraising for Non-Governmental Organisations (NGOs), alumni associations, individuals, and social enterprises across Nigeria.
The crowdfunding platform will be the first in Nigeria...
Ecobank’s N50 bilateral subordinated loan to boost MSMEs lending- – Akinwuntan
Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said the bank’s newly sourced N50 billion credit will be deployed to support Micro, Small and Medium Scale Enterprises (MSMEs) and small corporates in the country.
He pointed...
Experts applaud CBN’s rates retention
The Association of Capital Market Academics of Nigeria (ACMAN), on Tuesday said that rates retention by the Monetary Policy Committee (MPC) was in line with market expectations.
ACMAN President, Prof. Uche Uwaleke, disclosed this in...
LCCI projects positive economic recovery by Q2
The Lagos Chamber of Commerce and Industry (LCCI) has projected a return to positive growth path for the Nigerian economy in the second quarter of 2021.
Mrs Toki Mabogunje, President, LCCI, addressing journalists at the...
CBN retains lending rate at 11.5%
CHIGOZIE AMADI
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate at 11.5 per cent.
CBN Governor, Godwin Emefiele, disclosed this after the committee’s two-day meeting in...
Biden’s administration will usher in new global economy dispensation – LCCI
The Lagos Chamber of Commerce and Industry (LCCI) has said that the administration of Mr Joseph Biden, the 46th elected U.S President, would usher in new dispensation for global economy.
Mrs Toki Mabogunje, LCCI’s President...
