Agusto & Co. assigns a “Bbb-” rating to Anchor Insurance 

Agusto & Co., a Pan African research and credit rating agency has assigned a Bbb- rating to Anchor Insurance Limited, reflecting its good profitability, decent investment management, good liquidity, moderate exposure to underwriting risks as well as an experienced management team. The agency explained in a release sent to Business Hallmark that More...

by Felix OLOYEDE | Published 1 month ago
By Felix OLOYEDE On Friday, November 2nd, 2018
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AfDB signs $500m credit insurance deal

AfDB President Akinwumi Adesina The African Development Bank (AfDB) has completed a $500 million credit insurance to protect the bank against the non-payment of loans made to approximately 30 African financial institutions. The More...

By Felix OLOYEDE On Wednesday, October 31st, 2018
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Cellulant makes KPMG 2018 Fintech100 list

Cellulant, a leading digital payments provider that reaches 40 million people across 11 African countries, has been named among the Top 50 emerging Fintech companies in the world in this year’s KPMG FinTech100 More...

By Felix OLOYEDE On Tuesday, October 30th, 2018
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Court fixes hearing Dec. 4 in MTN’s suit against CBN

Ferdi Moolman, CEO, MTN Nigeria A Federal High Court in Lagos has adjourned till Dec. 4, hearing in a dispute between MTN Nigeria and the Central Bank of Nigeria over alleged illegal repatriation of $8.1 billion More...

By Felix OLOYEDE On Tuesday, October 30th, 2018
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FDI: Expert tasks govt on  local content policy implementation 

Dr Isiaka Adams, Lecturer, Department of Political Science, University of Lagos, has said that full implementation of the nation’s local content laws by the Federal and State Governments will attract much more More...

By Felix OLOYEDE On Monday, October 29th, 2018
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FG, States groan under heavy debt burden

President Buhari …Lagos, C/River, Osun exceed threshold by over 500 percent By UCHE CHRIS There is growing concern over Nigeria’s rising debt stock since the coming of this government with little to More...

By Felix OLOYEDE On Thursday, October 25th, 2018
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Development Bank of Nigeria Joins SME Finance Forum

The Development Bank of Nigeria (DBN) has become a member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions More...

By Felix OLOYEDE On Tuesday, October 23rd, 2018
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Pressure mounts on Naira, depreciates in all segments of FX market

By FELIX OLOYEDE There is a renewed pressure on Naira as it devalued in all segments of the foreign exchange market, despite the oil prices crossing the $80 per dollar mark on Monday. The local currency weakened More...

By Felix OLOYEDE On Tuesday, October 23rd, 2018
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Diamond Bank partners Facebook to host business training for entrepreneurs across Nigeria

Uzoma Dozie, CEO, Diamond Bank Diamond Bank, in partnership with Facebook, has commenced the second phase of the targeted training for Small and Medium-scale Enterprises (SME) owners to enhance their businesses More...