Browsing: News
Fitch Ratings has affirmed Access Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B’ with a Stable Outlook. Fitch has also removed the National Long-Term Rating from Rating Watch Positive (RWP), affirmed it at ‘AA-(nga)’ and assigned a stable outlook.
Dangote Petroleum Refinery has reduced the price of aviation fuel, also known as Jet A1, from N1,750 to N1,650 per litre. The company said the move is aimed at reducing the financial burden on airline operators and ensuring a steady nationwide fuel supply.
The Securities and Exchange Commission (SEC) says the transition to a T+1 settlement cycle for equities and commodities transactions will take effect from June 1.
The Executive Chairman of the Nigeria Revenue Service (NRS), Dr Zacch Adedeji, says the service is targeting N40 trillion in tax revenue for the federation in 2026.
Money Market Rates Mixed as Liquidity Drops by 39% Money market rates showed mixed performance as liquidity in the financial…
Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, today announced that its Board has approved a commitment of up to US$100 million to invest in Africa-focused technology fund managers.
The South African Rand (ZARUSD) traded in a range against Western currencies on Tuesday, ahead of the April inflation rate figure due for release.
Without peace in the Middle East, global markets have struggled to sustain an uptrend amid geopolitical instability, which has dampened investor sentiment.
Oil prices declined on Tuesday after President Donald Trump announced that he postponed a military strike against Iran after direct appeals from the leaders of Qatar, Saudi Arabia, and the United Arab Emirates.
Ease of Doing Business: PEBEC Pushes Digital Integration Among MDAs Presidential Enabling Business Environment Council (PEBEC), has called for stronger…