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Abbey Bank Retains A3 Short-Term Credit Rating as Capital and Liquidity Position Strengthen.
Abbey Bank Retains A3 Short-Term Credit Rating as Capital and Liquidity Position Strengthen. Abbey Bank Plc has received an affirmation of its short-term credit rating of “Bbb-” and “A3”, by Agusto & Co., reflecting the Bank’s improved capitalization, strong liquidity profile. The affirmation of the A3 rating underscores the Bank’s capacity to meet its short-term financial obligations, supported by its robust liquidity position and strengthened balance sheet. Agusto & Co. also assigned a Stable Outlook to the Bank’s ratings, reflecti…
AMANYANABO DOKUBO-ASARI CONGRATULATES SULTAN OF SOKOTO ON 20TH ANNIVERSARY ON THE THRONE, CALLS FOR PEACE AND NATIONAL UNITY
AMANYANABO DOKUBO-ASARI CONGRATULATES SULTAN OF SOKOTO ON 20TH ANNIVERSARY ON THE THRONE, CALLS FOR PEACE AND NATIONAL UNITY By Al Humphrey Onyanabo Da Amakiri Tubo, Alhaji Mujahid Abubakr Dokubo-Asari, Amanyanabo of the Chiefdom and Principalities of the Source, Elem Kalabari, Torusarama Piri, Kingdom of Kalabari, has congratulated His Eminence, Alhaji Muhammad Sa’ad Abubakar CFR, mni, Sultan of Sokoto and President-General of the Nigerian Supreme Council for Islamic Affairs (NSCIA), on the occasion of the 20th anniversary of his ascension to…
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Verdant Zeal’s 14th Innovention Series to Explore African Culture Exportation Through Entertainment
Verdant Zeal’s 14th Innovention Series to Explore African Culture Exportation Through Entertainment Leading Marketing Communications Group, Verdant Zeal Group Limited, is set to host the 14th edition of its annual flagship Public/Private sector focused thought leadership platform with the theme “ Culture as Currency: Exporting African Identity Through Entertainment. Scheduled for Thursday, October 29, 2026, the virtual round table event will bring together leading voices in the field of Entertainment and Lifestyle, and Arts & Culture to ex…
FIDELITY BANK PLC REDEEMS US$400 MILLION EUROBOND AT MATURITY
FIDELITY BANK PLC REDEEMS US$400 MILLION EUROBOND AT MATURITY LAGOS, NIGERIA – Fidelity Bank Plc has successfully redeemed its 5-Year US$400 million Senior Unsecured Notes at maturity, reaffirming its commitment to meeting its obligations to investors and reinforcing its track record in the international debt capital markets. Issued on 28 October 2021, the 5-year Eurobond matured on 28 October 2026 and carried an annual coupon of 7.625 per cent, payable semi-annually. Fidelity Bank met all scheduled coupon payments throughout the life of the…
GTCO Plc Releases 2026 Q3 Unaudited Results
GTCO Plc Releases 2026 Q3 Unaudited Results ... Reports Profit Before Tax of ₦879.9billion Lagos, Nigeria – 27th October 2026 Guaranty Trust Holding Company Plc (“GTCO” or “the Group”) has released its Unaudited Consolidated and Separate Financial Statements as of September 30, 2026, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group posted a Profit Before Tax of ₦879.9 billion, driven by sustained growth across its core earnings lines, with interest income, fees and commission income and trading income growing ye…
SWAN COMMENDS INDUSTRY–REGULATOR COLLABORATION IN STRENGTHENING CONSUMER PROTECTION
SWAN COMMENDS INDUSTRY–REGULATOR COLLABORATION IN STRENGTHENING CONSUMER PROTECTION The Spirits & Wines Association of Nigeria (SWAN) has commended the sustained efforts of regulatory and enforcement agencies to combat illicit trade and protect consumers, noting that increased enforcement actions against counterfeit alcoholic products across the country underscore the importance of collaboration in tackling the challenge. In a statement issued by the Association’s Director General, Mr. Tony Okwoju, SWAN noted that recent seizures and arres…
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Dangote Refinery Makes History as IPO Attracts Investors from 120 Countries, All 54 African Nations
Dangote Refinery Makes History as IPO Attracts Investors from 120 Countries, All 54 African Nations … Landmark offer achieves 100% African participation, reaches all six inhabited continents …Dangote: Africa has shown it can finance, build and own its industrial future …Bird hails global investor confidence; Murat says transaction sets new benchmark for African capital markets Dangote Petroleum Refinery and Petrochemicals has successfully concluded its landmark Initial Public Offering (IPO), attracting investor applications from 120 countries …
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