Money Market

FirstBank Disburses over N17 Billion Loan through FirstAdvance, Reinforces Financial Inclusion Drive

October 6, 2020/FirstBank of Nigeria First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, recently announced that loans in over the sum of 17 billion naira have been disbursed to individuals, across the country.  The loan disbursement is carried-out through FirstAdvance, its digital lending solution. FirstAdvance is designed […]

Fitch Affirms Fidelity Bank at ‘B-‘; off Rating Watch Negative; Outlook Stable

October 6, 2020/Fitch Ratings Fitch Ratings has affirmed Fidelity Bank Plc’s ratings, including the bank’s Long-Term Issuer Default Rating (IDR) at ‘B-‘, and removed them from Rating Watch Negative (RWN). The Outlook is Stable. The removal of the RWN on Fidelity’s Long- and Short-Term IDRs, Viability Rating (VR) and National […]

Fitch Revises IHS’s Outlook to Stable; Affirms at ‘B’

October 6, 2020/Fitch Ratings Fitch Ratings has revised IHS Netherlands Holdco B.V.‘s (IHS Netherlands) Outlook to Stable from Negative while affirming the Long-Term Issuer Default Rating (IDR) ‘B’ and the senior unsecured rating at ‘B’/’RR4’. A full list of rating actions is provided below. The rating action follow the revision […]