The federal government has said its medium-term ambition is to place Nigeria on the path to investment-grade status, following positive rating actions on the country by Fitch Ratings, S&P Global Ratings and Moody’s Ratings in 2026. Fitch Ratings has joined S&P Global Ratings and Moody’s Ratings in taking a positiveContinue Reading

The Nigerian equities market closed the week on a bearish note, as renewed sell-offs across selected stocks weighed on overall market performance. The benchmark NGX All-Share Index (ASI) declined by 0.97 per cent week-on-week (WoW) to close at 248,363.55 points, while market capitalisation shed N1.58 trillion to close the weekContinue Reading

The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) has charged its newly recruited employees to make integrity, transparency and due process central to their work, warning that weak ethical standards could undermine the management of national revenue and public trust. They were also charged to protect public revenue, uphold transparencyContinue Reading