Fitch Upgrades Fidelity Bank’s issuer default rating from ‘B-’ to ‘B’
Fitch Upgrades Fidelity Bank’s issuer default rating from ‘B-’ to ‘B’ Fitch Ratings has upgraded Fidelity Bank Plc’s long-term issuer default rating (IDR) from ‘B-’ to ‘B’, reflecting the bank’s increased creditworthiness. The rating agency also upgraded Fidelity’s National Long-Term Rating to ‘A(nga)’ from ‘BBB+(nga)’. According to the global rating agency, the upgrade is a result of the Bank’s improving business profile and resilient financial metrics. The agency added that the improved rating reflected the bank’s increased creditworthiness …
Heritage Bank Boss, Sekibo, Obi, Others Harp On Security, Leadership For Economic Prosperity
Heritage Bank Boss, Sekibo, Obi, Others Harp On Security, Leadership For Economic Prosperity The MD/CEO of Heritage Bank Plc, Ifie Sekibo and other notable Nigerians have affirmed that the apt way to boost economic prosperity and peace in the country is to start addressing leadership challenges and insecurity. L-R: Prof. Oyelowo Oyewo; Coordinator of the Nigerian Association of Constitutional Law (NACL); Dr. Oruene Finebone – Secretary, Mediacal Women Association of Nigeria, Rivers State Branch; Barrister Sotonye Inyeinengi-Etomi, President of…
Court restrains Oyo Assembly from removing Deputy Governor
Court restrains Oyo Assembly from removing Deputy Governor An Oyo State High Court sitting in Ibadan on Wednesday restrained the state House of Assembly from impeaching the deputy governor of the state, Rauf Olaniyan, pending the hearing and determination of the application for interlocutory injunctions before it. The presiding judge, Justice Ladiran Akintola, gave the order when the matter came up before the court today. The matter had been adjourned till today because only the legal counsel to the deputy governor was in court, while counsel …
No refinery is functional in Nigeria –NNPC GMD
No refinery is functional in Nigeria –NNPC GMD Group Managing Director of the Nigerian National Petroleum Company (NNPC) Ltd Mele Kele Kyari, says there is no single refinery working in the country at the moment. Kyari disclosed this when he appeared before the House of Representatives Joint Committee on Petroleum Resources (Downstream) on Tuesday in Abuja. He told the committee investigating the rising prices of diesel and cooking gas that the country’s refineries were not working at the moment, as the situation remains regretable, stressing…
Terrorists own guns, Nigerians should carry too – Yoruba council backs Zamfara govt
Terrorists own guns, Nigerians should carry too – Yoruba council backs Zamfara govt The council of the Aare Onakakanfo of Yorubaland has hailed the decision of the Zamfara State Government to approve gun licenses. The government gave the approval to enable individuals to carry a firearm for defence against terrorists. There have been countless attacks in Zamfara in recent years, with hundreds killed, kidnapped or wounded. In a statement on Monday, the Gbonka Aare-Ona kakanfo, Gboyega Adejumo urged South-West governors to take a cue from Zamfar…
Ogun: Customs intercept ‘Dangote trucks’ loaded with smuggled rice
Ogun: Customs intercept ‘Dangote trucks’ loaded with smuggled rice The Nigeria Customs Service (NCS), Ogun 1 Area Command, has impounded two long trucks suspected to be that of Dangote Cement Factory, Ibese, Ogun State. The trucks were loaded with bags of smuggled foreign rice at the time they were intercepted. It was reported that the trucks have Dangote Cement logo clearly inscribed on them. One of the trucks has the registration number, ICT-17F-014, while the other was unmarked. Addressing newsmen at the Command’s Headquarters in Idiroko Bo…
How Catholic priest, Rev. Fr. Christopher Odia was murdered – Police
How Catholic priest, Rev. Fr. Christopher Odia was murdered – Police The Edo State Police Command has given details of how the priest of St. Michael Catholic Church, lkhabigbo, Edo State, Rev. Fr. Christopher Odia, was killed after he was abducted by gunmen on Sunday. It will be recalled that a few hours after the priest was kidnapped on his way to church on Sunday, he was killed by his abductors. A statement by the Deputy Police Public Relations Officer, ASP Jennifer Iwegbu, on Monday, revealed that the priest was gunned down by the assailant…
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