October 27, 2022/CSL Research In a press statement yesterday, the Central Bank governor, Godwin Emefiele announced plans to redesign, produce, and circulate new series of banknotes at N100, N200, N500, and N1,000 levels from 15 December 2022. The new and existing currencies shall remain legal tender and circulate together until […]
Money Market
Massive Opportunities Remain in Agric – Sterling Bank
October 27, 2022/Strategic Effects Sterling Bank Plc, Nigeria’s leading commercial bank, has said there are massive opportunities in the agricultural sector of the Nigerian economy for those who are prepared to work hard, with a clear vision and commitment. Chairman of board of directors of the bank, Mr. Asue Ighodalo […]
Moody’s downgrades the long-term ratings of Nigerian banks to B3 from B2, places ratings on review for further downgrade
Rating action follows the downgrade of the sovereign rating to B3 from B2, and the placement of the government rating on review for downgrade October 26, 2022/Moody’s Investors Service Moody’s Investors Service (“Moody’s”) has today downgraded the long-term deposit ratings to B3 from B2, as well as senior unsecured debt […]
