Coronation Merchant Bank Achieves Major Fitch Rating Upgrade From ‘CC’ To ‘B-’
Coronation Merchant Bank’s credit ratings significantly improved from ‘CC’ To ‘B-’, reflecting the bank’s strategic initiatives and resilient profitability.
Coronation Merchant Bank’s credit ratings significantly improved from ‘CC’ To ‘B-’, reflecting the bank’s strategic initiatives and resilient profitability.
At Apple’s developer conference, the company introduced its AI strategy, “Apple Intelligence,” featuring the integration of ChatGPT into Siri.
Access Bank has finalised acquisition, integrating BancABC Tanzania into its operations for enhanced African expansion and growth opportunities.
Finance Minister Edun has highlighted liquidity as crucial for power sector performance in Senate Committee investigation on gas supply deal.
Afreximbank has disbursed $40 million to Fidelity Bank for the acquisition and recapitalisation of Union Bank UK.
CBN has stressed the importance of the ongoing banking industry recapitalisation exercise for the overall growth of Nigeria’s economy.
Oando announced $550 million participation in NNPC’s Project Gazelle, raising total amount to $925 million.
Telecoms experts have called for urgent government support to save Nigeria’s telecom sector, highlighting potential nationwide economic fallout.
Senate President Akpabio Commended Dangote’s Completion of 650,000 bpd Refinery, tagging It the Ninth Wonder of the World
Air Peace says the extended availability on its London route aims to provide more options and convenience for passengers.
Air Peace says the extended availability on its London route aims to provide more options and convenience for passengers.
NUPRC plans to monetise half of flared gas via NGFCP and also noted Nigeria’s historic 60% cut in methane emissions.
The EFCC has arraigned TSTV MD Echefu, accused of defrauding a senior lawyer of N960 million among other charges.
NDIC has announced that insured deposits will be paid to Heritage Bank customers this week, earlier than the 30-day requirement.
NDIC has announced that insured deposits will be paid to Heritage Bank customers this week, earlier than the 30-day requirement.
Nigeria, with $2.1bn active investment, holds Africa’s second-largest IFC portfolio as at April, 2024, Tinubu said.
OPEC oil production rose in May. Nigeria and Iraq increased output by 100,000 bpd, offsetting voluntary cuts by other members.
The Central Bank of Nigeria has dismissed claims that it plans to revoke the licences of three more banks.
Japanese transport ministry officials launched an on-site investigation at Toyota Motor’s headquarters on Tuesday.
South Korea pledged $10 billion aid to Africa for the next six years.
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