September 15, 2023/Presidency President Bola Tinubu has approved the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending his confirmation by the Nigerian Senate. This directive is in […]
Money Market
Fitch Affirms FBN Holdings and First Bank of Nigeria at ‘B-‘; Outlook Stable
September 14, 2023/Fitch Ratings Fitch Ratings has affirmed FBN Holdings Plc’s (FBNH) and First Bank of Nigeria Ltd’s (FBN) Long-Term Issuer Default Ratings (IDRs) at ‘B-‘ with a Stable Outlook. Fitch has also affirmed the issuers’ National Long-Term Ratings at ‘A(nga)’ and assigned Stable Outlooks. Key Rating Drivers FBNH’s and […]
Yellow Card and MoonPay Collaborate to Enhance Crypto Accessibility in Nigeria
Revolutionary Partnership Aims to Provide Seamless Crypto Transactions Through Local Bank Transfers September 12, 2023/Yellow Card Fiancial In a significant move towards expanding cryptocurrency accessibility in Nigeria, Yellow Card, a pioneering African fintech company, has joined forces with MoonPay, a global leader in the cryptocurrency ecosystem. This strategic partnership aims […]
