International rating downgrade 9 Nigerian banks

International rating downgrade 9 Nigerian banks   An international rating, Moody’s investors’ service has downgraded nine (9) Nigerian banks following its downward review of Nigeria’s rating last week.   The international rating agency downgraded to Caa1 from B3 the long-term deposit ratings, issuer ratings as well as the senior unsecured debt ratings (where applicable), all […]

Naira redesign was made to tackle corruption, Terrorism, and illicit funding- President Buhari

Naira redesign was made to tackle corruption, Terrorism, and illicit funding- President Buhari President of the Federal Republic of Nigeria, President Buhari has made remarks concerning the Naira redesigning and Change of old currency notes. The president who spoke through his spokesperson, Garba Shehu said the decision to redesign the naira was made to address […]