Moody’s upgrades Nigeria’s credit rating: Tinubu calls it a ‘positive signal for investors’

In a major development for Nigeria's economy, Moody's Investors Service has upgraded the country's long-term foreign-currency issuer rating from Caa1 to B3, now with a Stable Outlook. This update has…

Continue ReadingMoody’s upgrades Nigeria’s credit rating: Tinubu calls it a ‘positive signal for investors’

Tinubu signs executive order to enhance cost efficiency, attract oil and gas investments

In a bold move to boost the nation’s oil and gas sector, President Bola Ahmed Tinubu has announced the Upstream Petroleum Operations Cost Efficiency Incentives Order (2025). This new Executive…

Continue ReadingTinubu signs executive order to enhance cost efficiency, attract oil and gas investments

Tinubu launches National Credit Guarantee Company with ₦100bn, appoints Dogara as chair

President Bola Tinubu has officially launched the National Credit Guarantee Company (NCGC) with an initial capital of N100 billion, aiming to transform access to finance for micro, small, and medium…

Continue ReadingTinubu launches National Credit Guarantee Company with ₦100bn, appoints Dogara as chair

Otedola sets ambitious investment goals for First HoldCo, eyes ₦320bn boost, lauds Tinubu’s reforms

Femi Otedola, chairman of First HoldCo Plc, announced that his investment in the financial institution is set to reach N320 billion in cash by the upcoming capital raising round. He…

Continue ReadingOtedola sets ambitious investment goals for First HoldCo, eyes ₦320bn boost, lauds Tinubu’s reforms