Author: InvestAdvocate

Fitch Affirms Nigeria at ‘BB-‘; Outlook Stable

Fitch Ratings-London-10 April 2014: Fitch Ratings has affirmed Nigeria’s Long-term foreign and local currency Issuer Default Ratings (IDR) at ‘BB-‘ and ‘BB’, respectively. The Outlooks are Stable. The issue ratings on Nigeria’s senior unsecured foreign and local currency bonds have also been affirmed at ‘BB-‘ and ‘BB’, respectively. The agency […]

Chams records 115.3% growth in profit

Chams Plc has released its financial results for full year 2013, posting a 115.3 per cent growth in its profit after tax for the period. According to the identity management and payments transaction company, its PAT rose from N87.5m in 2012 to N188.5m in the period under review. The result […]

Access Bank boss to speak on financing

The Group Managing Director of Access Bank, Mr. Herbert Wigwe, is scheduled to speak at the 4th annual ‘MIT: Africa Innovate Conference’ in Boston, United States of America. The conference, holding from April 11 to 12, is being organised by Africa Business Club. It is an initiative designed to facilitate […]