Ratings agency Moody’s said on Thursday it has placed First Bank of Nigeria on review for downgrade after the central bank sacked the board of the lender and its parent and appointed new directors.
“The review will focus primarily on an assessment of evolving governance considerations at First Bank, specifically corporate governance developments,” Moody’s said in a statement.
(petrol) to all licensed marketers, scrapping its previous consortium arrangement. The refinery also announced a fresh reduction in its ex-gantry...
Seven major OPEC+ producers have decided to raise their collective oil production quotas by 188,000 barrels per day starting in...
Dangote Petroleum Refinery has further reduced the ex-gantry price of Premium Motor Spirit (petrol) by N50 per litre, bringing the...
The Federal Government has reduced Customs import duties on vehicles by up to 50%, effective from Monday, June 29, 2026,...
