(The following statement was released by Fitch Ratings July 18 2014) Fitch Ratings has assigned Seven Energy International Limited (Seven Energy) an expected Long-term Issuer Default Rating (IDR) of ‘B-(EXP)’ with a Stable Outlook. The expected IDR takes into account a USD255m equity placement and assumes a successful issue of […]

Synchrony (SYF) Financial, the consumer credit business being spun off by General Electric Co. (GE), is seeking to raise as much as $3.25 billion in its U.S. initial public offering, according to a regulatory filing today. Synchrony, whose products include store credit cards for retailers such as Wal-Mart Stores Inc. […]

The Senate on Thursday at plenary approved the presidential nomination of three persons, Aliyu Mohammed, Dahiru Hassan Balami and Stanley Lawson, as members of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) and Central Bank of Nigeria (CBN) board. Senate also adjourned its plenary to Thursday July 24 when it […]