… laments as Regulator (NMDPRA) continues to grant licences to import banned dirty diesel, jet fuel June 23, 2024/Dangote Group Vice President, Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin, has accused International Oil Companies (IOCs) in Nigeria of doing everything to frustrate the survival of Dangote Oil […]
World News
Agencies Announce Results of Resolution Plan Review for Largest and Most Complex Banks
June 21, 2024/US Federal Reserve Federal Deposit Insurance Corporation Federal Reserve Board The Federal Deposit Insurance Corporation and Federal Reserve Board today announced that, following their joint review of the July 2023 resolution plan submissions of the eight largest and most complex banks, they identified a weakness in the plans […]
Fitch reaffirms Long-Term Issuer Default Rating for Afreximbank at ‘BBB’, with Stable Outlook
The ratings affirmation recognises Afreximbank’s strong profile and increasing systemic relevance to the African continent June 21, 2024/Afreximbank Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) for African Export-Import Bank (Afreximbank) at ‘BBB’, with a Stable Outlook. The agency also affirmed the Bank’s Short-Term IDR at ‘F2’ and […]
