Money Market

FirstBank Supports Schools with Array of Exciting Educational Solutions

January 29, 2021/FirstBank of Nigeria First Bank of Nigeria Limited is supporting schools with an array of educational based products and solutions targeted at enabling the acquisition of various facilities to boost the continuous expansion and improvement of the educational sector. Parents are not left out, as the Bank has […]

Ecobank Nigeria Has Stable Outlook, Quality Management – Fitch Rating

January 28, 2021/Ecobank Nigeria Fitch Ratings has assigned Ecobank Nigeria Limited (ENG) a Long-Term Issuer Default Rating (IDR) of ‘B-‘ with a Stable Outlook, Viability Rating (VR) of ‘b-‘ and National Long-Term Rating of ‘BBB (nga)’. The report, released Thursday, noted that Ecobank Nigeria IDRs are driven by its standalone […]

Ecobank Nigeria Secures N50 Billion 10-Year Bilateral Subordinated Loan

January 25, 2021/NSE Ecobank Transnational Incorporated (“ETI”), the parent of the Ecobank Group, announces that one of its significant subsidiaries, Ecobank Nigeria, secured N50 billion, 10-Year bilateral subordinated loan. The bilateral funding provides stable medium-term liquidity to the balance sheet of Ecobank Nigeria and positively improved its balance sheet ratios, […]