Money Market

Moody’s announces completion of a periodic review of ratings of First Bank of Nigeria Limited

June 22, 2021 By Moody’s Investors Service Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of First Bank of Nigeria Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 14 June 2021 […]

Ecobank Nigeria Promotes over 600 Staff ; Recruits New Employees

June 21, 2021/Ecobank Nigeria Ecobank Nigeria has announced the promotion of 682 staff effective May 1st, 2021 representing 26% of its core staff despite the impact of the COVID-19 pandemic and all the attendant impact on business performance globally. This according to a statement signed by the Managing Director, Patrick Akinwuntan is targeted […]

GCR Affirms Wema Bank Plc’s Issuer National Scale Long Term Rating of BBB-(NG); Outlook changed to Evolving from Negative

June 21, 2021/GCR GCR Ratings (“GCR”) has affirmed Wema Bank Plc’s national scale long and short-term issuer ratings of BBB-(NG) and A3(NG) respectively; with the Outlook changed to Evolving from Negative. Rated Entity / Issue Rating class Rating scale Rating Outlook / Watch Wema Bank Plc Long Term issuer National BBB-(NG) Evolving […]