Leaders of Nigerian labour unions and representatives of the federal government are holding discreet talks in Abuja this morning in order to resolve the dispute occasioned by the sudden withdrawal of subsidy on petroleum products, THEWILL can authoritatively report.  A source privy to the talks said the meeting is the […]

On Dec. 29, 2011, we revised the outlook on the Republic of Nigeria to positive from stable, and affirmed the long- and short-term sovereign credit ratings on Nigeria at ‘B+/B’.   — As a result, we are revising the outlooks on First Bank of Nigeria, Zenith Bank, and Guaranty Trust […]

The euro fell to a fresh 15-month low against the dollar Thursday while stock markets continued to give up some of their early-year gains as European debt concerns offset mounting optimism over the state of the U.S. economy. For a second day running, the concern in the markets has centered […]