Fitch revises Coronation Merchant Bank’s National Long-Term Rating to ‘BBB+ (nga); Affirms IDR rating at ‘B-‘

Coronation Merchant Bank records 14% growth in earnings for 2019 FY

Fitch revises Coronation Merchant Bank’s National Long-Term Rating to ‘BBB+ (nga); Affirms IDR rating at ‘B-‘

October 12, 2021

Fitch Ratings has revised the National Long-Term Rating of Coronation Merchant Bank to 'BBB+ (nga)' from 'BBB (nga)'. The global ...

FCMB empowers agribusiness, healthcare and others with AfDB’s $50m credit

Fitch Ratings affirms FCMB’s IDR at ‘B-‘ with a positive outlook

by NM Press

October 2, 2021

Fitch Ratings has affirmed First City Monument Bank (FCMB) Long-Term Issuer Default Rating (IDR) at 'B-with a stable outlook. This ...

BoI in collaboration with Purple Group to redefine entertainment, hospitality

Fitch Ratings upgrades Bank of Industry’s National Rating to ‘AAA(nga)’

by Ubah Jeremiah Ifeanyi

September 27, 2021

Fitch Ratings has upgraded Bank of Industry’s National Long-term Rating to ‘AAA(nga)’ from ‘AA+(nga)’ and affirmed the bank’s Long-Term Issuer ...

Fitch Ratings affirms Access Bank’s IDR at ‘B’, says Outlook is Stable

by Chidinma Anyalewechi

September 23, 2021

Fitch Ratings has affirmed Access Bank Plc's Long-Term Issuer Default Rating (IDR) at 'B' and Viability Rating (VR) at 'B'. ...

Access Bank completes acquisition of Mozambique’s African Banking Corporation

Fitch Ratings revises outlook on Access Bank from Negative to Stable

by Ubah Jeremiah Ifeanyi

July 7, 2021

Fitch Ratings has revised the outlook on Access Bank Plc's Long-Term Issuer Default Rating (IDR) from Negative to Stable and ...

The ABCs of Accessing Finance for your Business

First Bank’s board replacement won’t affect profitability – Fitch

by Abiola Odutola

May 8, 2021

CBN's remedial actions will not have a material effect on the group's asset quality, profitability and capitalisation.

diaspora remittances, Total credit to the economy rose to N19.54trillion – CBN Governor, CRR debits, P-AADS, #EndSARS: CBN says funds in frozen accounts may be linked to terrorist activities, Covid-19: Court closures impacted revenue generation for courts - Emefiele, P&ID dispute: UK Court orders $200 million guarantee to FG, Leaked letter by Poultry Farmers Association triggered CBN emergency approval to import maize, nImplications of CBN's latest devaluation and FX unification, current account deficit, IMF, COVID-19, CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele , Increasing food prices might erase chances of CBN cutting interest rate , Customer complaint against excess/unauthorized charges hits 1, 612 - CBN , CBN moves to reduce cassava derivatives import worth $600 million , Invest in infrastructural development - CBN Governor admonishes investors , Credit to government declines, as Credit to private sector hits N25.8 trillion, CBN sets N10 billion minimum capital for Mortgage firms, CBN sets N10 billion minimum capital for Mortgage firms , Why you should be worried about the latest drop in external reserves, CBN, Alert: CBN issues N847.4 billion treasury bills for Q1 2020 , PMI: Nigeria’s manufacturing sector gains momentum in November, CBN warns high foreign credits could collapse Nigeria’s economy, predicts high poverty, MPC Member, BVN, Fitch, Foreign excchange (Forex), Overnight rates crash after CBN’s N1.4 trillion deduction, Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira, CBN to support maize farmers, projects 12.5 million metric tons in 18 months, BREAKING: CBN Upscales Greenwich Trust Limited, grants it's operational license for merchant banking, AGSMEIS: CBN expand beneficiaries to 14,638., CBN expands access to mortgage financing

Fitch Ratings affirms Nigeria’s “B” rating with stable outlook

by Ubah Jeremiah Ifeanyi

March 20, 2021

Nigeria's 'B' rating is supported by the large size of the economy, a low general government debt-to-GDP ratio, amongst other ...

Ecobank Nigeria has Stable Outlook, Quality Management – Fitch Rating

by NM Partners

January 29, 2021

Fitch Rating reported that the VR benefits from ENG’s company profile strengths of being part of the leading pan-African Ecobank ...

Fitch revises Coronation Merchant Bank’s Outlook to Stable; Affirms IDR rating at ‘B-’

by NM Partners

December 21, 2020

The global rating agency has affirmed the Bank’s Viability Rating (VR) at ‘b-’ and National Long-Term Rating at ‘BBB (nga)’.

Nigerian Stock Exchange, Nigerian Stocks, Daily market summary, NSE, Bourse bows to bears as ASI dip 0.55% on Friday, NSE: Bears dominant reign continues as ASI shed 4.91% on Tuesday, Bearish trend persists at Nigerian Stock Exchange, as investors lose N456 billion, Bears return, Nigeria’s local bourse drops 0.12%, Bears return Nigeria's ASI index down 3.12% Investors lose N370 billion, Bulls lift Nigerian bourse up 0.10%, as trading volume picks up, BUACEMENT, CADBURY, WAPCO Bring the Bears to Party, Investors Lose N198.05 Billion

Nigerian Stocks 12-day winning streak ends, investors lose N143.75 billion

by Olumide Adesina

October 7, 2020

Market breadth closed negative as BERGER led 21 Gainers as against 31 Losers topped by UNILEVER.

Tag: Fitch Ratings