Fitch Upgrades Nigeria’s Credit Rating To Stable, Cites Confidence In Tinubu’s Reforms 

Fitch, a global rating agency, has reviewed Nigeria’s long-term foreign-currency issuer default rating (IDR) from negative to stable. IDR is an entity’s relative vulnerability to default (including by way of a distressed debt exchange) on financial obligations. In a statement on Friday, the agency said Nigeria’s outlook was revised to B’, from ‘B-‘. “The upgrade…

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FULL STEPS: How To Escape High Electricity Bills, Switch ​To Gas-Powered Generators 

Following the increase in tariff, Nigerians have applied all methods to reduce electricity consumption and save units, especially for those using pre-paid meters. This has made many to subscribe to gas-powered electricity generators for day-to-day production activities. Those who use gas to power their generators experience a quieter operation, resulting in reduced noise levels. Additionally,…

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Visa Overstayers Risk $15 Daily Fine, Lifetime Ban From August – FG

The federal government has introduced a new policy to crack down on visa overstayers, with penalties including daily fines and potential bans from re-entering Nigeria. Olubunmi Tunji-Ojo, minister of interior, announced the new measures during a stakeholders’ meeting in Lagos on Friday. The event, held at NECA House, focused on ongoing immigration reforms, including updates…

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