May 10, 2020/Fitch Ratings Fitch Ratings has maintained Access Bank Plc’s ‘A+(nga)’ National Long-Term Rating and ‘F1(nga) National Short-Term Rating on Rating Watch Negative (RWN). The rating actions follow a review of Access’s creditworthiness relative to other Nigerian issuers. Fitch has recalibrated the Nigerian National Ratings scale following the sovereign […]

May 9, 2020/FirstBank of Nigeria Nigeria’s leading financial inclusion services provider, First Bank of Nigeria Limited has announced that its *894# Unstructured Supplementary Service Data (USSD), Quick Banking service has hit over 9.5 million customers. This is in clear demonstration of its acknowledged leadership in electronic Banking. The Bank’s USSD banking service, launched in January 2015, is an easy to use, convenient, fast, user-friendly mobile banking channel through which various banking activities are […]

Culled—Proshare May 8. 2020 By Zedcrest Capital FGN Bonds The FGN bond market continued to trade on a light note with improved offers emerging, especially on the mid- to- long-end of the curve. We noted increased supply chasing fewer bids, as the market tries to price in expected increase sales […]