Business & Finance
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 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.
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 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 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.
The World Wrestling Entertainment (WWE) in conjunction with its Sub-Saharan Africa broadcast partner, SuperSport,
The International Monetary Fund (IMF) has revised Nigeria’s 2022 real gross domestic product (GD
Amidst energy crisis pressures spreading across major economies, global oil supply in October rose by 410,000 barrels per day (bpd)
The UN is committed to assisting Nigeria to attain the Sustainable Development Goals (SDGs) 2030