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Jaiz Bank Names Sirajo Salisu MD as Hassan Retires
Jaiz Bank has appointed Dr Sirajo Salisu as its Managing Director/Chief Executive Officer, the Company Secretary, Mohammed Shehu, said in a statement in Lagos on Monday.
Nigerian Banks Market Valuations Soften Further
Nigerian banks’ market valuations have dropped significantly, and it appears few of the players have been spared in selloffs in the local bourse. Few gains were driven by small-cap banks in the tier-2 category.
FBN Rating Upgraded after Corporate Governance Irregularities Fix
Following a deliberate effort to reclaim its market position, First Bank of Nigeria (FBN) Limited has been rated higher despite uncertainties in the macroeconomic environment in Nigeria.
Union Bank to See Rapid Growth after Merger – Fitch
Union Bank of Nigeria’s rating has been affirmed with a stable outlook on the expectation that the tier-2 lender’s post-merger growth would be strong, according to Fitch Ratings.
Fidelity Bank Rated Buy on Strong Earnings Expectation
Fidelity Bank Plc has seen buckets of buy ratings after its relatively healthy earnings performance in the first half of the financial year 2022. The bank is in the process of raising capital after management announced the acquisition of100% equity stake in Union Bank UK.
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WWE, Supersport in Nigeria to host Africa’s Next WWE Superstar tryout
The World Wrestling Entertainment (WWE) in conjunction with its Sub-Saharan Africa broadcast partner, SuperSport,
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IMF Cuts Nigeria Growth Forecast
The International Monetary Fund (IMF) has revised Nigeria’s 2022 real gross domestic product (GD
Global Oil Supply Rises to 101.66mbpd in October -IEA
Amidst energy crisis pressures spreading across major economies, global oil supply in October rose by 410,000 barrels per day (bpd)
UN Pledges Support for Nigeria on SDGs
The UN is committed to assisting Nigeria to attain the Sustainable Development Goals (SDGs) 2030
FG Borrows to Service Debts as Revenue Falls by 54%
About 54% decline in government revenue forced the Federal Government of Nigeria (FG) to borrow from the local debt capital market
