Money Market

Fitch Affirms Guaranty Trust Bank at ‘B’; off RWN; Outlook Stable

October 5, 2020/Fitch Ratings Fitch Ratings has affirmed Guaranty Trust Bank (GTB) Plc’s Long-Term Issuer Default Rating (IDR) at ‘B’ and removed it from Rating Watch Negative (RWN). The Outlook is Stable. The removal of GTB’s Long-Term IDRs, Viability Rating (VR) and National Ratings from RWN reflects Fitch’s view of […]

Fitch Affirms Zenith Bank at ‘B’; Off Rating Watch Negative, Outlook Stable

October 5, 2020/Fitch Ratings Fitch Ratings has affirmed Zenith Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B’ and removed it from Rating Watch Negative (RWN). The Outlook is Stable. The removal of the RWN on Zenith’s Long-Term IDR, Viability Rating (VR) and National Ratings reflects Fitch’s view of receding […]

Heritage Bank, UBA, Fidelity 3 others receive FG’s letter of engagement to open 774, 000 SPW beneficiaries’ accounts

October 5, 2020/Heritage Bank Plc Following its commitments to teeming entrepreneurs and youths’ empowerment, Heritage Bank Plc, Nigeria’s Most Innovative Banking Service providers has been engaged by the Federal Government to commence account opening for beneficiaries of the Special Public Works Programme through-out the 774 local governments. Also, five other […]