Money Market

The Pulse Report: Falling Markets Drive Global Rise in Short-Selling Strategies in Q2

Capital.com’s short-position traders were 32% more profitable; FX, oil and indices proved popular among short-sellers July 27, 2022/ Capital.com Report—Pulse According to the latest Pulse report published by trading and investing platform Capital.com, 38% of its traders carried out short-position trades on the platform in Q2 2022. This was 34% […]

Stanbic IBTC Gets Highest GCR Rating AAA(NG) With Stable Outlook

July 25, 2022/P+ Measurement Services The foremost credit rating agency, Global Credit Ratings (GCR) upgraded the national scale long-term issuer rating assigned to Stanbic IBTC Bank PLC to AAA(NG) from AA+(NG) and affirmed the national scale short-term issuer rating at A1+(NG), with a Stable Outlook. The upgrade made Stanbic IBTC […]

Bayelsa Govt. Seeks Heritage Bank Support on Youth Devt in Sport

July 25, 2022/Heritage Bank The Bayelsa State Government has indicated interest in partnering Heritage Bank Plc on youth empowerment and sport development. The Deputy Governor, Senator Lawrence Ewhrudjakpo disclosed the interest of the State Government during a courtesy call with the Commissioner for Youths and Sports, Daniel Igali and others […]