December 12, 2018/Fitch Ratings Fitch Ratings has affirmed Union Bank of Nigeria PLC’s (Union) Long-Term Issuer Default Rating (IDR) at ‘B-‘. The Outlook is Stable. Fitch has also downgraded Union’s National Long-Term Rating to ‘BBB-(nga)’ from ‘BBB(nga)’. A full list of rating actions is at the end of this rating […]
Money Market
Ecobank Names MFS Africa Ltd as Digital Payment Partner
The customers of Ecobank, the Pan-African Banking Group in 33 African countries, can now transact with over 170 million mobile wallets across the continent December 12, 2018/Ecobank Ecobank (www.Ecobank.com) The Pan-African bank announced today the appointment of MFS Africa (www.MFSAfrica.com) as Digital payment partner enabling cross-platform payment services for Ecobank […]
UBS unveils Year Ahead Outlook for 2019
December 11, 2018/UBS Investors will need to weather more volatility in order to capture opportunities in 2019, according to the Year Ahead report from UBS, the world’s leading wealth manager. Global economic growth will decelerate next year to 3.6% from 3.8% in 2018, and company earnings will grow at a […]

