November 28, 2018/Fitch Ratings Fitch Ratings has revised the Outlook on Guaranty Trust Bank Plc’s (GTB) Long-Term Issuer Default Rating (IDR) to Stable from Negative and affirmed the IDR at ‘B+’. Fitch has upgraded GTB’s Long-Term National Rating to ‘AA(nga) from ‘AA-(nga)’. All GTB’s other ratings have been affirmed. A […]
Money Market
Forex: Central Bank of Nigeria Injects $210m in Wholesale Segment, Others
Culled—Proshare November 28, 2018/CBN The Central Bank of Nigeria (CBN) on Tuesday, November 27, 2018, intervened in the wholesale segment of the foreign exchange market, offering the sum of $100 million to dealers in that window. In the latest round of intervention, which was made public on Tuesday, the CBN […]
Fitch Upgrades United Bank for Africa to ‘B’ Plus; Outlook Stable
November 28, 2018/Fitch Ratings Fitch Ratings has upgraded United Bank for Africa Plc’s (UBA) Long-Term Issuer Default Rating (IDR) to ‘B+’ from ‘B’. The Outlook is Stable. UBA’s Viability Rating (VR) has been upgraded to ‘b+’ from ‘b’. A full list of rating actions is at the end of this […]
