The African Export-Import Bank (Afreximbank) announces that Fitch Ratings has affirmed the bank’s long-term Issuer Default Ratings (IDR) at ‘BBB-‘ with a stable outlook. The agency also affirmed the Bank’s

Lillian Jijingi Barclays, Lloyds, French bank Societe Generale, US investment bank Goldman Sachs and other major banks are now telling hundreds of their UK staff to go back and work

Lillian Jijingi Zambia became the first African country to ask bondholders for relief since the onset of the coronavirus, seeking to defer interest payments on its Eurobonds as it battles

Lillian Jijingi As Libya prepares to resume oil production, concerns have been raised over who supervises its export and how to ensure oil revenue will be divided equally among interested

There are fears that Africans will reject the African Continental Free Trade Area Agreement if the accord benefits only industrialized countries on the continent. Secretary-General of the African Continental Free

The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC), on Tuesday, resolved to tweak its controlling lending rate while retaining its liquidity ratio and cash reserve requirement, to make

HSBC Holdings Plc slumped below its financial crisis low set more than a decade ago, as pressure mounts on several fronts, including a potential threat to its China expansion plans

The clock is ticking towards October, when the rescheduled World Bank board meeting on Nigeria’s request for a $1.5 billion budgetary support financing will be held. The sum which was

In a bid to ensure that Nigeria’s foreign exchange is prudently managed and used for the importation of priority goods, the Central Bank of Nigeria (CBN) has further beamed its

Following President Muhammadu Buhari’s request, presidents of West African countries have repeated their commitment to the victory of Dr Ngozi Okonjo-Iweala for the position of Director-General of the World Trade

Participants at a webinar to present the African Development Bank’s African Economic Outlook Supplement to Asian audiences on Monday have endorsed the report as critical for post-COVID-19 Africa. “Despite the

September 18 Buhari Urges Caution as 2,210,534 Voters Decide Obaseki, Ize-Iyamu, Others’ Fate •483,769 fail to collect PVCs •IG orders restriction of vehicular movement By Omololu Ogunmade, Kingsley Nwezeh, Chuks

Qatar Airways has announced that it would operate four weekly flights to Accra, Ghana via Lagos, from 29 September 2020. This becomes the fourth new destination launched by the national

By Chinedu Eze Industry stakeholders have appealed to the federal government to wade into the industrial dispute rocking some of the airlines which saw the disruption of flight operations this

By Eromosele Abiodun The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has stated that the agency has made progress in securing sea time berths

By Oluchi Chibuzor For Nigeria to speedily recover from the shocks of Covid-19, upholding of transparency, due diligence in the administering of public funds will be essential in the new

It appears that the recertification of the Boeing 737 MAX, which had been grounded since March 2019, is coming ever closer. Recently, officials begun testing the aircraft in line with