Nigeria’s potential can be unlocked through sustained infrastructure growth and development, even as the nation continues to seek the transformation of the power sector through public private partnership initiatives, Mr. Kayode Akinkugbe, Managing Director, FBN Capital has said. Speaking at the 1st FBN Capital Project and Infrastructure Finance Conference in […]
Author: InvestAdvocate
Patronage politics boosts demand for dollars in Nigeria
Managing a monetary system is hard work in any country. But in Nigeria, Lamido Sanusi, central bank governor, has an additional problem: a surge in US dollar demand as politicians build war chests for an election still 18 months away. The stakes ahead of the presidential 2015 poll, in which […]
Global Credit Ratings upgrades Ecobank Nigeria to A-(NG)
Nigeria, October 8, 2013: Leading emerging market focused ratings agency, Global Credit Ratings (GCR), has upgraded the long-term national scale and affirmed the short term national scale issuer ratings assigned to Ecobank Nigeria to A-(NG) and A2 (NG) respectively. This implies that Ecobank Nigeria is healthy, sound and has stable […]