Money Market

Heritage Bank Wins Three Prestigious Awards in Agric, SME

September 24, 2018/Heritage Bank Ltd Heritage Bank Plc, ­­­­­­­­Nigeria’s Most Innovative Banking Service provider, has been adjudged “Best SME Bank Nigeria 2018” by Capital Finance International (CFI.co) and “Agriculture Bank of the Year 2018” by the Nigeria Agriculture Awards (MAA). Also, the bank was awarded the Best CIBN Chapter of […]

CBN Revokes Skye Bank’s Operating License, AMCON to Recapitalise Now Polaris Bank

September 21, 2018 By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Friday announced the revocation of Skye Bank of Nigeria Plc operating license and renamed it Polaris Bank. Godwin Emefiele, governor of the CBN said the apex bank in consultation with the Nigerian Deposit Insurance Corporation […]

Nigeria-Based Zenith Bank ”B and B” And ”ngA and ngA-1” Ratings Affirmed; Outlook Stable

September 20, 2018/S & P Global Ratings We forecast that Zenith Bank’s asset quality will remain stronger than that of its domestic peers and that despite the slow economic recovery in Nigeria, it will report sound earnings generation. We are affirming our ‘B/B’ global scale and ‘ngA/ngA-1’ national scale ratings […]