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News
Oyedele Tasks Banks to Disburse More Loans to Productive Sectors, |
4+ day, 7+ hour ago (362+ words) The Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, has urged Nigerian banks to channel more capital into productive businesses and sectors capable of driving investment, job creation and economic growth. Representing President Bola Tinubu at…...
Pricing Risk in the Dark: The End of Blanket Interest Rates in Retail
1+ week, 1+ day ago (538+ words) Consider two small businesses applying for a ₦5 million term loan; both generate similar revenue and have been operating for a similar length of time. While Business A depends heavily on extended supplier credit to fund its working-capital cycle, Business B…...
Moody's Upgrades Nigeria's Outlook to Positive on Stronger |
2+ week, 1+ day ago (653+ words) Moody’s Ratings, a US-based rating agency, has revised Nigeria’s sovereign outlook to positive from stable, citing improvements in the country’s external position and ‘stronger-than-expected’ economic growth. The rating agency also affirmed Nigeria’s long-term foreign and local currency issuer ratings at…...