Fitch Ratings has affirmed Sterling Bank’s Long-Term Issuer Default Rating (IDR) of ‘B-’ and National Long-Term Rating of ‘BBB-(nga)’ with a stable outlook for reasons that include its coherent strategy and ability to attract more stable deposits in challenging operating conditions. Cutting through the industry’s jaded product offerings through innovation, the leading Tier Two lender’s IDRs are driven by its ... Read More »

Two policemen missing in Benue herdsmen attack The Benue State Police command at the weekend declared four of their men missing after a patrol vehicle in which they operated was set ablaze. It was ambushed by suspected herdsmen in Logo Local Government. The incident occurred in Tse Akpam village, Azege, Mbaya, Tombo ward on Saturday. It was gathered that the police patrol team ... Read More »

  The Catholic Bishops’ Conference of Nigeria on Thursday told President Muhammadu Buhari that the enormous goodwill with which he assumed office in 2015 is being fast depleted by some “glaring failures” of his government. The bishops said this when they paid the President a courtesy visit at the Presidential Villa, Abuja. Their address at the visit, copies of which ... Read More »

Insecurity: FG backs state police A major breakthrough may have been achieved Thursday by those agitating for the creation of state police. The Federal Government threw its back behind the agitation saying that creation of state police is clearly the way to go in the face of multifaceted security challenges in the country. Vice President, Professor Yemi Osinbajo, stated government’s ... Read More »

N5.5bn debt: Drama as billionaire businessman Otudeko testifies   There was mild drama at the Federal High Court in Lagos Thursday as chairman of Honeywell Group Dr Oba Otudeko escaped arrest by responding to summons to testify in his companies’ N5.5billion debt suit against Ecobank Nigeria Limited. Sporting his trademark Yoruba attire, Otudeko and his aides tried to prevent journalists ... Read More »

      Foremost African financial institution, Guaranty Trust Bank plc, has launched the Dusty Manuscript Contest(csr.gtbank.com/dustymanuscript) to give budding writers the opportunity to win publishing deals for their finished, but yet-to-be published, manuscripts. Organized in partnership with publishing houses Okada books and Farafina, the contest is part of the Bank’s YouREAD initiative which is aimed at promoting the culture ... Read More »

  Ecobank Nigeria Limited is taking strategic steps to unlock investment opportunities in the insurance sector, Managing Director, Ecobank Development Company (EDC) Fund Management, Ibukun Oyedeji, said yesterday. Speaking yesterday at the ‘Insurance Roundtable’ organised by Ecobank Nigeria/Securities, Wealth & Asset Management (SWAM), Ecobank Capital, she said the lender woudcontinue to take steps that promote insurance penetration in the country. ... Read More »

Penultimate Wednesday will remain indelible in the memory of the Erelu of Lagos, Princess Abiola Sherifat Dosunmu, as the day she was celebrated by the man she cherishes and adores. Her friend and former President Olusegun Aremu Obasanjo, treated her to a superlative post-70th birthday party at the Green Heritage Resort, Obasanjo Presidential Library Complex, Abeokuta, Ogun State. The occasion ... Read More »

Seeming to be getting over the death of his mother hours after he celebrated his son’s birthday, hip hop act Olamide Adedeji aka Badoo, has changed his look and is set to tour Europe. In a picture he posted on Instagram on Sunday, he is seen with his hair weaved while donning a dark glasses. ‘Nothing lasts forever,’ he posted. ... Read More »

Immediate past Acting Director-General (D-G) of the National Intelligence Agency (NIA), Mr Mohammed Dauda, has disclosed that he fought off attempts by Messrs. Babagana Kingibe, former Secretary to the Government of the Federation and his protégé and incumbent D-G of the NIA, Mr. Rufai Abubakar and Abba Kyari, President Muhammadu Buhari’s Chief of Staff to steal $44million NIA intervention fund.  ... Read More »