Money Market

Fitch Affirms Access Bank at ‘B’; Stable Outlook

November 28, 2018/Fitch Ratings Fitch Ratings has affirmed Access Bank Plc’s (Access) Long-Term Issuer Default Rating (IDR) at ‘B’ with a Stable Outlook. The Viability Rating (VR) is affirmed at ‘b’. A full list of rating actions is at the end of this rating action commentary. KEY RATING DRIVERS IDRS, […]

Fitch Revises Outlook on FBNH to Positive; Affirms at ‘B-‘

November 28, 2018/Fitch Ratings Fitch Ratings has revised the Outlook on the Long-Term Issuer Default Ratings (IDR) of FBN Holdings Plc (FBNH) and its primary operating company, First Bank of Nigeria (FBN) to Positive from Negative and affirmed the IDRs at ‘B-‘. Fitch has also upgraded the National Long- and […]

DIAMONDBNK Lost N5.09bn This Week To Date; Extends November Loss to N15.75bn

Culled—Proshare November 28, 2018 Saheed KIARIBE, Proshare Research Market sentiments around DIAMOMNBNK remained negative on the Nigerian bourse as the stock, emerged again as the top loser for the second time this week. The sell-off witnessed towards the stock in the early part of the month prior to, and after the denied […]