Archive: Page 1

Fitch Affirms Union Bank of Nigeria PLC at ‘B-‘; Downgrades National Rating to ‘BBB-(nga)’

December 12, 2018/Fitch Ratings Fitch Ratings has affirmed Union Bank of Nigeria PLC’s (Union) Long-Term Issuer Default Rating (IDR) at ‘B-‘. The Outlook is Stable. Fitch has also downgraded Union’s… Read more »

Top 5 Blogs on Climate Change

December 12, 2018/IMFBlog Mother Nature is trying to tell us something.  As the heat literally rises in so many ways, people have gathered in Poland for the United Nation’s latest… Read more »

Nigeria Plans Compulsory Health Insurance with Premium Paid for the Poor-Osinbajo

December 12, 2018 As part of the Buhari presidency’s Next Level agenda, there is the proposal and plan for the establishment of a compulsory Health Insurance Scheme where government pays… Read more »

NESR Signs Agreement with Saudi Aramco to Open a Facility in King Salman Energy Park

December 12, 2018/NESR National Energy Services Reunited Corp. (”NESR”) (NASDAQ: NESR) (NASDAQ: NESRW) (, a national, industry-leading provider of integrated energy services in the Middle East and North Africa (”MENA”)… Read more »

Ecobank Names MFS Africa Ltd as Digital Payment Partner

The customers of Ecobank, the Pan-African Banking Group in 33 African countries, can now transact with over 170 million mobile wallets across the continent December 12, 2018/Ecobank Ecobank ( The… Read more »

Nigerian Stocks Inch Down -025% on Renewed Profit-Taking

December 12, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market reversed on its previous gains to close Wednesday’s trading session in the red, losing -0.25 percent to close at 30,642.35… Read more »

Dubai’s Meydan One Takes Shape

–Incubation district and immersive digital interface in a free-zone environment offer unmatched advantages December 12, 2018/Aetoswire Meydan One, a pioneering, next-generation lifestyle and retail destination, has announced that the project… Read more »

Desarrollar Partners with Top Firms to Improve Real Estate Solutions

December 12, 2018/Desarrollar Limited  Desarrollar Limited a lifestyle and leading real estate solutions company in Lagos, Nigeria has partnered with Union Trustees Limited, First Bank Trustees Limited and Banwo &… Read more »

Intraday Update: Nigerian Stocks Down -0.22% on Selloffs Across Sectors

December 12, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange all-share index  (NSEASI) as at midday Wednesday is down -0.22 percent; driven by selloffs across sectors InvestmentOne report says market… Read more »

Zenith Bank Says Alhaji Baba Tela Retires from Board

December 12, 2018/NSE Zenith Bank Plc wishes to announce the retirement of Alhaji Baba Tela (Independent Non-Executive Director) from the board of the bank with effect from October 2, 2018. … Read more »