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A service for global professionals · Wednesday, June 18, 2025 · 823,282,601 Articles · 3+ Million Readers
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Nigeria Credit Rating Newswire

  • Published on Jun 16, 2025

    Nigeria Making Steady Economic Progress Amid Reforms – DMO D-G

    News Investigators/ Patience Oniha, Director-General, Debt Management Office (DMO), says Nigeria is on a steady path of economic recovery, driven by fiscal reforms, improved credit ratings, and targeted investments in infrastructure and environmental …

    Source: News Investigators Nigeria - Indeterminate
  • Published on Jun 16, 2025

    Nigeria’s Quiet Economic Reordering 

    For years, Nigeria’s economy staggered under the weight of distortions that rewarded insiders and punished the wider population. Billions of dollars were drained each year to sustain fuel subsidies—a scheme that, while politically popular, served more as a …

    Source: Equity Media - Gov't Propaganda
  • Published on 07:19 GMT

    Why African funds shouldn’t be invested in external economies, by Oramah

    Capital remains the binding constraint to attaining the African economy’s full development potential, the President and Chairman of the Board of Directors of African Export-Import Bank (Afreximbank), Prof. Benedict Oramah has said. He explained that the …

    Source: The Guardian (Nigeria) - Neutral
  • Published on 00:29 GMT

    CrediCorp: Loan defaulters risk losing passport, rent access — FG

    The Federal Government has said it will soon attach citizens’ credit scores to their National Identification Number, creating a single, compulsory record of borrowing and repayment behaviour that follows them across banks, fintech apps and micro-lenders. …

    Source: Punch - Indeterminate
  • Published on Jun 16, 2025

    Nigeria’s $1trn economy target threatened by unchecked import surge

    By Chinwendu Obienyi Nigeria’s ambition to grow its economy to $1 trillion by 2030 is facing renewed scrutiny as analysts warn that the country’s growing trade surplus may be masking deeper structural weaknesses, particularly its over-dependence on crude …

    Source: The Sun Nigeria - Indeterminate
  • Published on Jun 17, 2025

    Naira Strengthens By ₦5 As Foreign Investment Inflows Boost FX Liquidity

    The Nigerian naira appreciated significantly against the US dollar on Monday, buoyed by increased inflows from foreign portfolio investors (FPIs) that outpaced market demand, according to updated data from the Central Bank of Nigeria (CBN). Official market …

    Source: Biz Watch Nigeria - Indeterminate
  • Published on Jun 14, 2025

    How Tinubu rescued Nigeria’s economy from collapse – Governor

    Governor Chukwuma Soludo of Anambra State has said President Bola Tinubu’s administration rescued Nigeria from the edge of economic collapse and restored public finance to solvency. Speaking on Wednesday at The Platform Nigeria in Lagos, an event organised …

    Source: Premium Times - Neutral
  • Published on Jun 17, 2025

    Change of guard: the road ahead for AfDB's new president

    Sidi Ould Tah’s election to the helm of the African Development Bank (AfDB) in May comes at a pivotal moment for Africa’s biggest multilateral lender. Africa is grappling with a worsening funding crisis and the increasingly urgent need to assert its …

    Source: African Business - Neutral
  • Published on Jun 17, 2025

    What is FATF? What is its grey list? Pakistan may be included in grey list again as...

    Pakistan was added to the grey list three times for supporting terror funding. It was included in the FATF grey list on February 28, 2008, and remained there for 848 days; it was included in the list for the second on February 16, 2012, and remained there …

    Source: DNA India - Right-wing
  • Published on Jun 17, 2025

    Gold soars leaving Treasurys, Yen and Franc in the dust

    Gold has wiped the floor with every other so-called safe haven this year. Since January, it has surged over 30%, shooting past $3,403 after briefly topping $3,500 in April. That’s a rejection of Treasurys, the yen, and the Swiss franc. Investors and …

    Source: Cryptopolitan - Indeterminate
  • Published on Jun 13, 2025

    Tinubu saved Nigeria from economic collapse – Soludo

    ‎Anambra State Governor, Prof. Chukwuma Soludo, has said President Bola Tinubu’s administration rescued Nigeria’s economy from collapse and restored the country’s public finances to a path of solvency. ‎ ‎Speaking on Thursday at The Platform Nigeria event …

    Source: Punch - Indeterminate
  • Published on Jun 13, 2025

    Nigeria advancing toward food sovereignty – Tinubu

    President Bola Tinubu has said that Nigeria is on the path to achieving food sovereignty on the back of measures put in place by his administration. Tinubu said this on Thursday during his Democracy Day speech at the National Assembly. He said, “Our ‘ …

    Source: Punch - Indeterminate
  • Published on Jun 16, 2025

    June 12: Much Ado About Tinubu’s Address Before N’Assembly

    Deji Elumoyewrites that this year’s Democracy Day was marked for the first time with an address to a joint sitting of the National Assembly by President Bola Tinubu last Thursday. June 12 has become a watershed in the history of the Nigerian nation. It was …

    Source: This Day - Pro-Government
  • Published on Jun 16, 2025

    Wale Edun: Africa Must Mobilise Its Own Capital to Drive Economic Transformation

    Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has issued a clarion call for Africa’s sovereign wealth funds to take centre stage in transforming the continent’s economies, urging them to move beyond their traditional …

    Source: Arise News - Neutral
  • Published on Jun 16, 2025

    Appeal Court Overturns Forfeiture of Emefiele’s Properties, Orders Retrial

    The Court of Appeal in Lagos has set aside the final forfeiture order on several properties and assets linked to Godwin Emefiele, former Governor of the Central Bank of Nigeria (CBN), and directed a retrial of the case. In a ruling delivered on 9 April …

    Source: Arise News - Neutral
  • Published on Jun 16, 2025

    CBN injects $580m to stabilise Naira amid dwindling reserves

    THE Central Bank of Nigeria (CBN) injected $580 million into the foreign exchange (FX) market in May 2025 as part of aggressive efforts to stabilize the naira and bolster market confidence. This intervention came despite a continued decline in the country’ …

    Source: Tribune Online - Center-right
  • Published on Jun 16, 2025

    Fitch, GCR Upgrade Wema Bank’s Rating, Confirm Position, Stable Outlook For The Bank

    2  Further giving credence to its ca­pacity for long-term sustainabili­ty in the African banking ecosys­tem, credit rating agencies Fitch and GCR have both upgraded the ratings of Wema Bank, Nigeria’s oldest indigenous bank, most innovative bank and …

    Source: Daily Independent - Pending
  • Published on Jun 16, 2025

    Eroded Naira: N100 in 1960 now worth N1.1m in 2025 —World Data

    The Nigerian naira has lost nearly all its purchasing power over the last 65 years, with N100 in 1960 now worth N1.1 million in real terms by early 2025, according to data compiled by World Data. The dramatic erosion, fueled by persistent inflation, …

    Source: Tribune Online - Center-right
  • Published on Jun 13, 2025

    Fitch, GCR upgrade Wema Bank Plc ratings

    Fitch Ratings and Global Credit Ratings have upgraded the ratings of Wema Bank Plc, affirming its capacity for long-term sustainability in the African banking ecosystem. According to the Bank, upgrades by credible rating agencies such as Fitch and GCR …

    Source: Business Hallmark - Neutral

14 days 02:10:51

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