Money Market

Access Bank launches the first American Express® cards to be issued in Nigeria

June 9, 2023/Access Bank Plc Access Bank has launched two new consumer credit cards: the Access Bank American Express® Gold Card and the metal Platinum® Card. These are the first American Express Cards to be issued in Nigeria. By launching these Cards, Access Bank improves its overall offering to its […]

Tinubu Suspends Emefiele as CBN Governor

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 […]

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  Fitch has withdrawn UBA’s Support Rating and Support Rating […]