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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 ...

Micro businesses overcoming the challenges of doing business in rural areas Contrary to the erroneous belief in some quarters that doing business in rural areas is immune from the common challenges that businesses generally face, reality is that micro business owners in underserved areas also have peculiar challenges they go ...

  The Nigerian Senate on Wednesday went into a closed-door session over the organ harvest controversy involving the erstwhile deputy senate president, Ike Ekweremadu. While the Federal Government has defended the issuance of visa and other required documents to the alleged victim, David Ukpo, the Senate has moved a stepped ...

Fidelity Partners ImpactHER to Empower 1,052 Female Entrepreneurs with Sales Skills Fidelity Bank, a leading financial institution in Nigeria, has collaborated with ImpactHER to support 1,052 female entrepreneurs across the 36 states of Nigeria in addressing the challenges they face in their small and medium-sized businesses.  Through diverse training on digital ...

Sterling Bank, NHEA recognize Nigeria’s Healthcare Champions  Sterling Bank Plc, Nigeria’s leading commercial bank, has given special recognition awards to healthcare providers who played leading roles in the fight against the COVID-19 pandemic. The awards were given to selected recipients at the 8th annual Nigeria Healthcare Excellence Awards (NHEA), which ...

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. Sekibo and other notable Nigerians ...

Fitch Reaffirms Ecobank Nigeria’s Stable Outlook Fitch Ratings has affirmed Ecobank Nigeria Limited’s (ENG) Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a Stable Outlook. Fitch also affirmed the Bank’s Viability Rating (VR) at ‘b-‘ and National Long-Term Rating at ‘BBB (nga)’. The rating agency released this rating last week, ...

Technology firms provide more opportunities for micro businesses in rural areas B2B e-commerce platforms continue to provide increased access to products, for micro businesses in underserved areas as they expand their  e-commerce services, reaching the retail market end in the underserved rural communities across Nigeria. Alerzo’s Founder/Chief Executive Officer, Adewale ...

  The Nigerian Army has described as untrue, reports from certain quarters that some officers and soldiers are planning to storm Abuja in protest of their poor working conditions, non-payment of entitlements and other issues. The Army in a statement on Wednesday signed by its spokesperson, Brigadier-General Onyema Nwachukwu said ...

  Presidential candidate of Labour party, Peter Obi’s corruption case has been unveiled as his N250 Million money laundering scandal has resurfaced. The money laundering scandal happened during his administration as the governor of Anambra state though he was cleared by the house of assembly then. However, some of his ...