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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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Tears flow as curtain comes down on Federer’s glittering career
Roger Federer’s trophy-laden career ended with defeat on Friday, but for once the result hardly mattered as the Swiss maestro headed into retirement with tears in his eyes and cheers ringing in his ears.
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Experts project rates hike as CBN holds MPC meeting
As the Central Bank of Nigeria (CBN) holds its Monetary Policy Committee (MPC) meeting on Monday, some stakeholders project a hike in policy rates.
Buhari returns to Abuja after outing at UNGA77 in New York
President Muhammadu Buhari on Monday morning returned to Abuja, after a successful participation in the 77th session of the high-level meetings of the UN General Assembly in New York, United States.
Gov. Soludo promises speedy intervention on flood victims in Anambra
Gov. Chukwuma Soludo of Anambra has promised that urgent help will come the way of those facing serious flood threats in the state.
FG Orders VCs in Universities to Reopen Schools
The Federal Government has ordered Vice-Chancellors in universities to re-open schools and to allow students resume lectures. This is contained in a letter signed by the Director, Finance and Accounts of National Universities Commission (NUC), Mr Sam Onazi, on behalf of the Executive Secretary of the commission, Prof. Abubakar Rasheed in Abuja on Monday