Monday, June 29, 2020 States’ inability to tap capital market could see another rush for FG’s bailout The inability of most state governments to raise debt instruments from the capital market amid declining revenues could see a rush for another round of bailout from the Federal Government, according to views of a wide spectrum of…
DetailsFriday, June 26, 2020 Nigerian banks face higher risk as recession beckons, says World Bank Nigeria’s banking system is at risk of being destabilised as the coronavirus pandemic triggers what might be the worst recession in four decades for Africa’s largest economy, according to the World Bank. If the spread of the virus eases and…
DetailsThursday, June 25, 2020 Nigeria’s rating at risk as debt, financing gap rise-Fitch A sharp rise in Nigeria’s sovereign debt and a ballooning financing gap could trigger a rating downgrade as policymakers in Africa’s biggest economy struggle to deal with the fallout from a coronavirus-induced oil price crash, a director at Fitch said. The global…
DetailsTuesday, June 23, 2020 Japaul Oil changes name as it tests market with N27bn offers Barring any unforeseen circumstances, Japaul Oil & Maritime Services Plc will change its official name to Japaul Gold and Ventures Plc at the forthcoming 15th Annual General Meeting which will come up on July 29, 2020 in Lagos. Other ordinary…
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