October 20, 2020/CBN 1.0 Introduction The introduction of the service-based tariff (SBT) in the Nigeria Electricity Supply Industry (NESI) effective from 1st September 2020 has put increased emphasis on the need to close the metering gap in the NESI. The closing of this gap will enhance efficiency of revenue collection by […]
Money Market
Fitch Revises UBA Cameroon’s Outlook to Stable; Affirms at ‘B-‘
October 19, 2020/Fitch Ratings Fitch Ratings has revised UBA Cameroon S.A’s (UBA CAM) Outlook to Stable from Negative while affirming the Long-Term Issuer Default Rating (IDR) at ‘B-‘. Fitch has also affirmed the bank’s Short-Term IDR at ‘B’ and Support Rating (SR) at ‘5’. UBA CAM’s Viability Rating (VR) of […]
Fitch Revises UBA Senegal’s Outlook to Stable; Affirms at ‘B-‘
October 19, 2020/Fitch Ratings Fitch Ratings has revised UBA Senegal’s (UBA SEN) Outlook to Stable from Negative while affirming the Long-Term Issuer Default Rating (IDR) at ‘B-‘. UBA SEN’s Viability rating (VR) of ‘b-‘ is unaffected by this rating action. A full list of rating actions is provided below. This […]
