September 16, 2023/FICAN The Nigeria Communication Commission (NCC) stressed the importance of a multidimensional collaboration in enhancing the country’s payment system. The Vice Chairman of NCC, Prof Umar Danbatta, said this at the 2023 annual conference of the Finance Correspondent Association of Nigeria (FICAN) with the theme “Strengthening Digital Infrastructure […]
Money Market
Tinubu Nominates Yemi Cardoso as New CBN Governor, Ikeazor, Three Others Deputy Governor
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 […]
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 […]
