Fidelity Bank Plc plans to issue a N100 billion ($261-million) bond in the local currency to boost its capital ratios and funding capacity. The based bank...
IHS Holding Ltd, wireless towers operator, has reconsidered its plan to be listed on one of the US stock exchanges, according to a press release by...
Fitch Ratings, leading global rating agency, has said the Central Bank of Nigeria (CBN) punishes rather than help banks through the crisis caused by the coronavirus...
The Naira dipped further on Thursday the dollar at the investor’s window, closing at N390.7 to a dollar from N388.7traded on Wednesday. At the parallel market,...
MultiChoic is partnering with and integrating other content providers like Netflix and Amazon into its offerings to give subscribers greater value. According to available information on...
Dr. Akinwumi Adesina, president, African Development Bank (AfDB) has denied stepping down from office. Adesina, in a statement, said “the bank’s institutional framework is solid and...
Nigerian banks have more to worry about than the coronavirus: Cratering oil prices and the threat of another naira devaluation are emerging as the biggest risks...
MTN Group is reportedly looking to reduce its majority shareholding in its Nigerian subsidiary by 14%, according to Bloomberg. The company hopes to raise $4 billion...
MTN Group Limited has concluded all plans set to sell its $534 million stakes in tower assets in West African and East African countries Ghana and...
Indication has emerged that majority of the banks in Nigeria and indeed the world over “are not in great shape” or economically viable to withstand imminent...
