LAGOS JUNE 4TH (NEWSRANGERS)-Global credit rating agency, Fitch Ratings, has affirmed Fidelity Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B’ and upgraded its National Long-Term Rating to ‘A+(nga)’ from ‘A(nga)’. The upgrade, announced on May 29, 2025, reflects the bank’s strengthened capital buffers and improved profitability, signaling continued positive momentum in its performance. According…
LAGOS APRIL 8TH (NEWSRANGERS)-The Social Democratic Party, SDP, former presidential candidate, Adewale Adebayo, has disclosed that ex-Vice President Atiku Abubakar, his Labour Party counterpart, Peter Obi and a long list of eminent politicians are in talks with the party. Adebayo said that Atiku and Obi’s representatives are discussing a possible defection to the SDP. He…
LAGOS JANUARY 23RD (NEWSRAGERS)-Saudi Arabia’s crown prince said Thursday the kingdom wants to invest $600 billion in the United States over the next four years, comments that came after President Donald Trump earlier put a price tag on returning to the kingdom as his first foreign trip. Trump’s 2017 trip to Saudi Arabia upended a…
LAGOS MAY 11TH (NEWSRANGERS)-The Federal High Court sitting in Yenagoa, Bayelsa State on Tuesday delivered a landmark judgment confirming the authority of the Nigerian Content Development and Monitoring Board (NCDMB) to collect the one percent Nigerian Content Development Fund (NCDF)levy from every contract awarded in the Nigerian oil and gas upstream transaction as mandated under…