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Northern governors mourn businessman Alhaji Aminu Dantata

Kano business icon Aminu Dantata dies at 94

  • 28th June 2025

China bans non-certified power banks on flights

  • 28th June 2025
Meta splits AI division to accelerate product development

Facebook seeks access to users pictures for AI

  • 28th June 2025

Kogi eyes transformation of mining hub, bags 15

  • 28th June 2025

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Google prepares iOS launch for YouTube Create 

Google prepares iOS launch for YouTube Create 

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Guaranty Trust Bank Ltd. has announced that all its branches across Nigeria will close earlier than usual on Monday, June 30, 2025

GTBank to close branches early nationwide on June 30

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Afreximbank appoints George Elombi as next president

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Northern governors mourn businessman Alhaji Aminu Dantata

Kano business icon Aminu Dantata dies at 94

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Fitch’s African loan assessment contradicts itself — Afreximbank executive

The Executive Vice President for Governance, Legal & Corporate Services at Afreximbank, Dr. George Elombi, has described Fitch Ratings’ assessment of the bank’s loans to African countries as a “contradiction.” He argued that while Fitch issued a negative outlook, it also projected that the same loan obligations would start being repaid within 18 to 24 months. […]

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Fitch upgrades Nigeria’s rating to ‘B’ amid reform push

Fitch Ratings has upgraded Nigeria’s Long-Term Foreign-Currency Issuer Default Rating from ‘B-’ to ‘B’ and assigned a stable outlook to the country. According to Fitch Ratings’ assessment published on its website on Friday, the upgrade reflects growing confidence in Nigeria’s commitment to broad policy reforms initiated since the shift to orthodox economic policies in June […]

Fraud losses decline in Nigerian banks in Q1 2024 - Report
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Fitch projects rise in Nigerian banks’ non-performing loans

Credit ratings agency, Fitch has projected an increase in non-performing loans among Nigerian banks in 2024, attributing this trend to rising interest rates and inflation. In its latest credit report, Fitch affirmed Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B-‘ with a Positive Outlook. The report noted that the loan books of the banking […]

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Fitch upgrades Nigeria’s credit outlook

The credit rating outlook of Nigeria was reviewed upward to positive from stable by Fitch ratings, six months after it said that reform progress since President Bola Tinubu came to power in May of last year faster than was anticipated. The reforms such as that in the foreign exchange market, monetary policy, and oil and […]

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