Fitch Ratings has downgraded Dangote Industries Limited’s national long-term rating to B+(nga) from AA(nga). Fitch, an international credit rating agency, simultaneously placed the ratings on Rating Watch Negative (RWN). The…
Read More Fitch downgrades Dangote Industries over Naira devaluation, operational and financial underperformanceCategory: Economy
Obasanjo explains why fuel importers will frustrate Dangote, faults Tinubu on subsidy removal
Elder statesman and former President Olusegun Obasanjo has explained why those benefiting from the lucrative business of fuel importation will make every effort to frustrate the Dangote Petroleum Refinery. Obasanjo…
Read More Obasanjo explains why fuel importers will frustrate Dangote, faults Tinubu on subsidy removalRating: GCR affirms Dangote Industries Limited AA+(NG)/ A1+(NG)
… Strong earnings prospects from the new refinery GCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of AA+(NG) and A1+(NG) respectively accorded to Dangote Industries…
Read More Rating: GCR affirms Dangote Industries Limited AA+(NG)/ A1+(NG)NCC directs Telcos on tariffs transparency
The Nigerian Communications Commission (NCC) has issued a directive to telecommunications operators to simplify their tariff plans, bundles, and promotional activities. This move aims to provide clear, easy-to-understand, and accurate…
Read More NCC directs Telcos on tariffs transparencyUniversities showcase NASENI-funded R&D products
Researchers from the Ladoke Akintola University of Technology (LAUTECH) Ogbomosho, Oyo State and Federal University of Technology (FUT), Minna, Niger State have showcased their research and development (R&D) products funded…
Read More Universities showcase NASENI-funded R&D products
