By InvestAdvocate Lagos (INVESTADVOCATE)-Alex Otti, former managing director (MD) of Diamond Bank Plc has been declared governor-elect of Abia State, South East Nigeria by the Court of Appeal, according to reports by THEWILL. The report says Otti candidate of the All Progressives Grand Alliance (APGA) has now emerged the winner […]
World News
Nigeria’s Inflation Rises 9.4% Year-on-Year in Nov’15
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s inflation rate inched higher in November by 9.4 percent (year-on-year), marginally higher from 9.3 percent recorded in October 2015, according to the National Bureau of Statistics (NBS) latest report. The NBS said this development came after a brief respite in October, the Consumer Price […]
Fitch Downgrades MTN to ‘BBB-‘; Outlook Stable
December 10, 2015/Fitch Ratings (This statement was made by the global Rating Agency on Thursday December, 10, 2015) Fitch Ratings-London-10 December 2015: Fitch Ratings has downgraded South Africa-based telecoms group MTN Group Limited’s (MTN) Long-term Issuer Default Rating (IDR) to ‘BBB-‘ from ‘BBB’. The Outlook is Stable. All National ratings […]
