World News

AFC secures first international credit rating

The Africa Finance Corporation, a multilateral development financial institution headquartered in Lagos, on Monday secured its first international credit rating from Moody’s Investors Service. Moody’s has assigned the corporation an A3 (long-term) /P2 (short-term) foreign currency debt rating, making the AFC the second highest investment grade rated multilateral financial institution […]

Nigerian Millionaires to Soar 47% in Next Four Years, Study Says

Nigerian millionaires will increase in number by almost 47 percent over the next four years as higher house and stock prices in the West African nation complement a booming economy, according to New World Wealth. The number of people in Africa’s top oil producer with investable assets of at least […]

Ecobank EGM passes governance action plan

Press Release Lomé- 3rd March 2014: Ecobank shareholders meeting at an Extraordinary General Meeting today passed the Governance Action Plan proposed by the Board of Directors in compliance with the recommendations of the Securities & Exchange Commission (SEC) of Nigeria and contained in a joint report by SEC and the […]