Nigerian banks will continue to face asset quality challenges following the total forbearance shutdown by the Central Bank in 2025, S&P acknowledged in a new report.

Fitch Rates Shell Petroleum B.V. ‘AA-‘ with Stable Outlook Fitch Ratings has assigned Shell Petroleum B.V. (SPBV) a Long-Term Issuer…

South Africa Joins Afreximbank, Unveils $8bn Financial Intervention The Republic of South Africa has today officially acceded to the Establishment…

Moody’s Assigns A1 to PepsiCo’s New Euro Unsecured Notes Moody’s Ratings today assigned an A1 rating to PepsiCo, Inc.’s new…

Risk-off Sentiment Drives Nigerian Bonds Yield to 16.31% The Nigerian bond benchmark yield surged by two basis points to 16.31%…

Oil prices fell below $68 in the global commodity market as supply risks reduced following renewed diplomatic engagement between the US and Iran.

The average yield on Nigerian Treasury bills (NTB) dipped to 18.18% amidst subdued trading activities in the secondary market

FBNQuest Merchant Bank Rebrands as Quest Merchant Bank FBNQuest Merchant Bank has officially changed its name to Quest Merchant Bank…

The overnight lending rate surged while the repo rate remained steady as money market liquidity increased

Gaddafi’s Son Saif al-Islam Assassinated in Libya Saif al-Islam Gaddafi, the son of former Libyan leader Muammar Gaddafi, was killed…