December 24, 2019/Fitch Ratings Fitch Ratings has revised the Outlooks on the Long-Term Issuer Default Ratings (IDR) of four Nigerian banks, Zenith Bank plc (Zenith), Guaranty Trust Bank plc (GTB), United Bank for Africa plc (UBA) and Bank of Industry Limited (BOI), to Negative from Stable and affirmed their IDRs […]

December 27, 2019/CBN Adamu, Edward Lametek The global economy continues to struggle under the combined weight of factors including trade tensions resulting in significant tariff increases between the United States and China; subdued investment and activity prospects in emerging markets and developing economies (EMDES); increasing policy uncertainty across many countries; […]

December 23, 2019/CBN The Central Bank of Nigeria issued the Consumer Protection Framework (CPF) on November 7, 2016 to enhance consumer confidence in the financial services industry and promote financial stability, growth and innovation. Further to the above, the CBN hereby issues the Consumer Protection Regulations to improve overall compliance […]