June 8, 2023/Fitch Ratings Fitch Ratings has affirmed Zenith Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a Stable Outlook. Fitch has also affirmed the bank’s National Long-Term Rating at ‘AA-(nga)’ and assigned a Stable Outlook.  Key Rating Drivers Zenith Bank’s IDRs are driven by its standalone creditworthiness, […]

The award was presented to AFC for its innovative financial structuring leading to two acquisitions June 5, 2023/AFC Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has received the Deal of the Year – Equity award at the just concluded African Banker Awards 2023 ceremony in Sharm […]

June 1, 2023/CBN The attention of the Central Bank of Nigeria (CBN) has been drawn to a news report by Daily Trust Newspaper of June 1, 2023, titled “CBN Devalues Naira To 630/$1”.  We wish to state categorically that this news report, which in the imagination of the newspaper is […]