Money Market

Fitch Rates BOI’s Senior Note Participation Notes ‘B(EXP)’; Affirms IDR at ‘B’

February 8, 2022/Fitch Ratings Fitch Ratings has assigned Bank of Industry Limited’s (BOI) senior note participation notes an expected long-term rating of ‘B(EXP)’ with a Recovery Rating of ‘RR4’. The notes will be issued by BOI Finance B.V. (BOI Finance), a Netherlands-based special purpose vehicle established solely to provide funding […]

FirstBank Rewards Customers in its VISA Gold Cashback Campaign

February 8, 2022/FirstBank of Nigeria In furtherance of its appreciation of customers, whilst promoting the adoption of mobile payment solutions in the country, FirstBank is rewarding holders and customers of its branded Visa Gold card in its ongoing Visa Gold card. The promo which will have over 300 Visa Gold […]

Stanbic IBTC Opens New Branch in the Lekki Free Trade Zone

February 7, 2022/P+ Measurement Services  Stanbic IBTC Bank PLC, a member of Standard Bank Group, has opened a new branch in the Lagos Free Trade Zone (LFTZ), Ibeju-Lekki axis of Lagos State. The new branch will serve the banking and pension needs of the financial institution’s current and prospective clients […]