October 9, 2020/CBN The attention of the Central Bank of Nigeria (CBN) has again been drawn to fraudulent messages and videos in social media circles requesting unsuspecting loan seekers and owners of small-scale businesses to apply for loans or investment schemes purportedly facilitated by the Bank. While the CBN, indeed, […]
Money Market
Huawei, Sunline Jointly Launch Contactless Digital Loan One Box Solution
This solution will be rolled out across countries and regions, such as Southeast Asia, the Middle East, Latin America, and Africa October 9, 2020/Huawei At HUAWEI CONNECT 2020, Sunline and Huawei (www.Huawei.com) jointly released the Digital Loan One Box Solution — a global contactless solution for financial services. This solution […]
Fitch Affirms Union Bank of Nigeria Plc at ”B-”; off RWN; Outlook Negative
October 8, 2020/Fitch Ratings Fitch Ratings has affirmed Union Bank of Nigeria PLC’s (Union) ratings, including the bank’s Long-Term Issuer Default Rating (IDR) at ‘B-‘, and removed them from Rating Watch Negative (RWN). The Outlook is Negative. The removal of the RWN on Union’s Long-Term IDR, Viability Rating (VR) and […]
