June 9, 2023 President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect. This is sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy. Mr Emefiele has been directed to immediately […]
Money Market
Fitch Affirms UBA Plc at ‘B’; Outlook Stable
June 8, 2023/Fitch Ratings Fitch Ratings has affirmed United Bank for Africa (UBA) Plc’s Long-Term Issuer Default Rating (IDR) at ‘B’ with a Stable Outlook. Fitch has also affirmed its Viability Rating (VR) at ‘b’ and National Long-Term Rating at ‘A+(nga)’. Fitch has withdrawn UBA’s Support Rating and Support Rating […]
Fitch Affirms Access Bank at ‘B’; Outlook Stable
June 8, 2023/Fitch Ratings Fitch Ratings has affirmed Access Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B’ with a Stable Outlook. Fitch has also affirmed Access Bank’s Viability Rating (VR) at ‘b’ and National Long-Term Rating at ‘A+(nga)’. Fitch has withdrawn Access Bank’s Support Rating and Support Rating Floor […]
