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News
Oyedele Tasks Banks to Disburse More Loans to Productive Sectors, |
3+ day, 20+ 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, 17+ hour 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…...
Wellcome Partners with CJ Foods to Bring Over 100 Korean Favourites to Hong
1+ week, 3+ day ago (427+ words) The collaboration is expected to generate more than US$22 million in sales, and will significantly expand the Korean product assortment at Wellcome and Market Place across key categories, including groceries, chilled foods, Korean-inspired ready meals, snacks, frozen meals and healthy…...
Moody's Upgrades Nigeria's Outlook to Positive on Stronger |
2+ week, 18+ hour 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…...