September 28, 2021/Mediacraft SOLAD Power group has joined the Interswitch Financial Inclusion Services Limited agent banking network, known as Quickteller Paypoint, as a sub-agent. The move enables SOLAD to digitise collections and provide existing energy customers with a broader range of financial services, as part of the company’s strategy to […]

September 27, 2021/Fitch Ratings Fitch Ratings has affirmed the National Long-Term Ratings of Nigeria-based Stanbic IBTC Holdings PLC (Stanbic IBTC) and its 99.9% owned subsidiary, Stanbic IBTC Bank PLC (Stanbic IBTC Bank), at ‘AAA(nga)’. Key Rating Drivers National Ratings   The ratings of Stanbic IBTC and Stanbic IBTC Bank are based on […]

September 27, 2021/Fitch Ratings Fitch Ratings has affirmed Fidelity Bank PLC’s Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a Stable Outlook. The National Long-Term Rating has been upgraded to ‘BBB+(nga)’ from ‘BBB(nga)’, reflecting the bank’s increased creditworthiness relative to other issuers in Nigeria. Key Rating Drivers IDRS and Viability Rating Fidelity’s […]