Joshua Bassey

2 weeks ago | businessday.ng | Joshua Bassey

Wema Bank has received rating upgrades from credit rating agencies, Fitch and GCR. Fitch upgraded Wema Bank’s National Long-Term Rating to ‘A-(nga)’ from ‘BBB(nga)’, with a Positive outlook, while affirming its Long-Term Issuer Default Rating (IDR) at ‘B-‘. GCR also upgraded the bank’s National scale long and short-term issuer rating to BBB+(NG)/A2(NG) from BBB(NG)/A3(NG), with a Stable outlook, in what reflects the bank’s performance and resilience amid industry challenges.

2 weeks ago | businessday.ng | Joshua Bassey

… hails Tinubu’s financial supportThe operation of the Blue Line rail system in Lagos, Nigeria’s buzzling commercial city is receiving a boost soon as the state government is adding three additional trains to its existing fleet. The state governor, Babajide Sanwo-Olu, officially handed over the three new trains of 12 coaches at the National Theatre, Iganmu, station, on Sunday.

3 weeks ago | businessday.ng | Joshua Bassey

Wema Bank has won the ‘Commercial Bank of the Year’ Award at the 2025 Nairametrics Capital Market Choice (NCMC) Awards. The announcement was made at the awards gala held in Lagos, where standout performers across Nigeria’s capital markets were celebrated. The Nairametrics Capital Market Choice (NCMC) award is a data-driven platform that recognises excellence among publicly listed companies in Nigeria.

1 month ago | businessday.ng | Joshua Bassey

Lagos has listed electricity reliability, universal energy access, and local manufacturing of power infrastructure components as major target in its new energy roadmap.

1 month ago | businessday.ng | Joshua Bassey

The Lagos State government has made major progress in modernising land administration and urban development through its Enterprise Geographic Information Service (e-GIS), a project led by the Lagos Geographic Information Service (LAGIS). Olajide Babatunde, the special adviser to the state governor on e-GIS and Urban Development, disclosed this during a ministerial briefing on Monday to mark the second year of the second term of Governor Babajide Sanwo-Olu’s administration.