Online News Magazine
Online News Magazine
The management of Polaris Bank Limited has refuted claims that 34 people died in the fire incident that occurred at its Broad Street branch car park in Lagos on thursday. In a statement, the bank said the fire originated from a customer’s vehicle parked on the third-floor car park of the branch. According to the […]
The Nigeria Revenue Service (NRS) has launched a new digital tax administration platform, Rev360, in a move aimed at simplifying tax compliance, improving taxpayer experience, and strengthening revenue collection across the country. The platform, unveiled is designed to integrate key tax functions including taxpayer registration, filing, payment processing, compliance management, reporting, and support services into […]
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso formally received the Central Bank of the Year Award at the Central Banking Awards ceremony held in London on wednesday He dedicated the award to the board, management, and staff of the bank for their steadfast commitment to institutional reform and economic stability. In […]
As businesses navigate the second half of 2026 amid evolving economic conditions, DataPro Limited has called on corporate organizations and institutional investors to place greater emphasis on financial stability and transparency through independent credit ratings. The SEC-licensed Credit Rating Agency said that in today’s dynamic business environment, organizations can no longer rely solely on internal […]
Africa’s largest financial institution, Standard Bank Group, has reaffirmed its commitment to support the growth of Dangote Industries Limited, pledging backing for the planned listing of the Dangote Petroleum Refinery while expressing readiness to finance future expansion projects across the continent. The commitment came during a strategic visit by Standard Bank Group Chief Executive, Sim […]
……… Becomes First Foreign Investment Bank Licensed to operate in Ethiopia United Capital, a leading pan-African investment banking and financial services group, has achieved a major milestone in its continental expansion strategy with the successful acquisition of investment banking licences in Ethiopia and Rwanda. With these approvals, United Capital becomes the first foreign institution licensed […]
DataPro Limited, Africa’s fastest-growing credit rating agency, has announced plans for the 2026 edition of its International Credit Rating Webinar, scheduled to hold virtually on Thursday, October 8, 2026. Themed “Sovereign Credit Rating: Africa’s Roadmap to Investment-Grade Status,” the webinar will examine the strategic reforms, policy frameworks, and economic measures required for African countries to […]
When evaluating credit ratings, financial indicators such as revenue growth, profitability, liquidity, and debt-servicing capacity often attract the most attention. However, financial performance alone does not provide a complete picture of an organisation’s creditworthiness. A company may post impressive earnings while facing operational weaknesses that could threaten its long-term stability and ability to meet financial […]
The Central Bank of Nigeria (CBN) has redeployed its four deputy governors with effect from June 1, 2026. The reshufflement was announced via a post on the apex bank’s official website on Monday. Under the current arrangement, Dr Muhammad Abdullahi, the Deputy Governor in charge of Economic Policy, has been reassigned to the Corporate Services […]
The Finance Correspondents Association of Nigeria (FICAN) has recorded a historic milestone with the election of its first female chairman in the association’s 36-year history. Bukola Aro-Lambo of Leadership Newspapers emerged as chairman during the association’s election held in Lagos, becoming the first woman to lead the body since its inception in 1989. Her election […]
