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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 Ecobank Nigeria IDRs are driven by its standalone creditworthiness, as expressed by …

Former President of Nigeria, Olusegun Obasanjo has expressed delight, saying Junior Chamber International has reinstated his hope for a greater continent of Africa. Obasanjo made this known at the Africa and The Middle East National Presidents virtual meeting held on Saturday. The former President pointed that with the quality of …

Jumia has commenced its first sales festival of the year, the Jumia Global Festival, which runs from January 25th to 31st, 2021 with exciting offers at mouthwatering discounts.   The virtual festival is live on the Jumia App and website, it promises to be an explosion of fun-shopping, filled with …

Fighting against the second wave of coronavirus pandemic, the private sector Coalition Against COVID-19 (CACOVID), has supported the Federal Government with the supply of critical oxygen for case management of  Covid-19 patients, to Isolation centres across the Country. Updating media on the latest donations by CACOVID, yesterday in Lagos, Managing …

Lagos, Nigeria; 22nd January 2021: Fitbit (NYSE: FIT), the global brand in wearable technology, is now available in Nigeria on Africa’s leading eCommerce platform, Jumia (NYSE : JMIA), in partnership with Redington Gulf.   Fitbit devices and services help people lead healthier, more active lives and this has never been …

First City Monument Bank, a foremost financial services provider in Nigeria, has continue her aggressive drive and support for the Small and Medium Enterprises sector in the country. The bank, which was recently voted as the Best SME Bank in Africa, thereby consolidating its position as the dominant financial institution …

  Residents of Igangan in the Ibarapa area of Oyo State on Sunday recounted their ordeals in the hands of Fulani herdsmen. The community leaders, who spoke during a visit of the state government delegation to the town, stated that they had paid a total of N50m as ransoms for …

Senator Adetokunbo Abiru (APC-Lagos East) has said he has no hand in the cancellation of the Lagos State University (LASU) Vice-Chancellor Selection Process ordered recently by Gov. Babajide Sanwo-Olu. Abiru said in a statement on Sunday in Lagos that his attention had been drawn to a viral video on the …

TAJBank, Nigeria’s first non interest bank, has reiterated its commitment to contributing to the growth and development of the Nigerian education sector. The commitment was made at the commissioning of new infrastructure at Saint John Paul School, Akwa Ibom State. The Minister of Niger Delta Affairs, Senator Godswill Akpabio, who …

Socio-Economic Rights and Accountability Project (SERAP) has urged Minister of Humanitarian Affairs, Disasters Management and Social Development, Hajia Sadiya Umar Farouq, to “publish details of proposed payments of N729 billion to 24.3 million poor Nigerians for six months”. The organisation called for the details in a Freedom of Information (FoI) …