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Category: Economy

Business Economy headline

Zainab Ahmed says, Moody’s downgrade shocking, expects better rating from S&P

Iheanyi Ejiofor February 3, 2023 No Comments #Moody's rating

Our reporter| Nigeria’s minister of finance, budget, and national planning, Zainab Ahmed, on Thursday, said she is shocked by the recent downgrade of Nigeria’s credit rating by Moody’s Investors Service,…

Read More Zainab Ahmed says, Moody’s downgrade shocking, expects better rating from S&P
Business Economy Life

Buhari felicitates with FIRS chairman, Muhammad Mamman Nami at 55

Iheanyi Ejiofor February 3, 2023 No Comments

Our reporter/ President Muhammadu Buhari on Thursday sent felicitation message to the Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Mamman Nami on his 55th birthday. In a…

Read More Buhari felicitates with FIRS chairman, Muhammad Mamman Nami at 55
Business Economy

Moody’s downgrades 9 Nigerian banks

Iheanyi Ejiofor February 2, 2023 No Comments #downgrades#Moody's#Nigerian banks

Moody’s Investors Service has downgraded all the 9 Nigerian banks that it rates, saying the action follows from its downward review of Nigeria’s rating last week. The banks involved are…

Read More Moody’s downgrades 9 Nigerian banks
Business Economy headline

Naira swap necessary ‘pain’ for Nigeria’s economy, says FG

Iheanyi Ejiofor February 2, 2023 No Comments #Naira swap#neccessary pain

Our reporter| Following the current hardship faced by Nigerians over the redesign of the new naira note, the Federal Government on Thursday expressed concern but describes the pain as transient.…

Read More Naira swap necessary ‘pain’ for Nigeria’s economy, says FG
Business Economy headline

Some assets owned by federal government are unknown, dead – MOFI

Iheanyi Ejiofor February 2, 2023 No Comments ministry of finance incorporated (MOFI)#

Some assets owned by the federal government are unknown, while others are “dead and gone”, The ministry of finance incorporated (MOFI), has said. MOFI is a corporation solely vested with…

Read More Some assets owned by federal government are unknown, dead – MOFI

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