Updates

Another Downgrade from S&P

Culled—Proshare September 22, 2016/FBNQuest Research Last week Standard and Poor’s (S&P) downgraded its sovereign rating for the FGN’s long-term, foreign currency obligations from B+ to B, and revised its outlook to stable from negative. The downgrade is based upon the worse-than-expected contraction in oil production, the foreign-exchange regime which S&P […]

Nigerian Government Support can help Small Businesses thrive in Recessionary Times

Small & Medium Businesses in Nigeria face challenging times, even as the economy slides September 22, 2016/Sage With the Nigerian economy in recession, support for Small & Medium Businesses could be one of the key ingredients to carrying the country through these tough times. Assisting them should become a priority […]

GE Africa President/CEO, Jay Ireland Appointed as Chair of President Obama’s Advisory Council on Business Priorities for Africa

September 22, 2016/GE Jay Ireland, President & CEO of GE Africa (www.GE.com) was named as chair of the second President’s Advisory Council on Doing Business in Africa (PAC-DBIA) by U.S. Secretary of Commerce Penny Pritzker. PAC-DBIA members – representing small, medium, and large companies from a variety of industry sectors – advise […]