June 16, 2021/GCR Ratings GCR Ratings (“GCR”) has upgraded the national scale long term rating assigned to Stanbic IBTC Bank PLC to AA+(NG) from AA(NG) and affirmed the national scale short term rating at A1+(NG), with a Stable Outlook. Rated Entity Rating class Rating scale Rating Outlook Stanbic IBTC Bank PLC Long […]

June 16, 2021/Coronation Research Coronation Research Bitcoin has taken the world by storm over the past year, but Nigerians were alert to the opportunities early on, and data suggests that they are among the most active Bitcoin traders in the world. At the same time, numerous central banks take a […]

The naira depreciated at the I&E window and parallel market by 0.2% to NGN411.75/USD and 0.6% to NGN505.00 respectively. June 15, 2021/Cordros Report EQUITIES Trading at the domestic equities market opened the week on a sour note, as late sell offs on AIRTELAFRI (-10.0%) underpinned a 1.7% decline in the […]