Money Market

Heritage Bank partners NANTA to launch Nigeria Travel Practitioner Identification card

27/6/2018/Heritage Bank Ltd Heritage Bank Plc, Nigeria’s most innovative banking services provider, has partnered with the National Association of Nigeria Travel Agencies (NANTA) to launch the Nigeria Travel Practitioners Identification Card (NTPIC). Head of corporate communications of Heritage Bank, Mr. Fela Ibidapo said the bank partnered with the travel agencies […]

CBN Unveils Exposure Draft of the Risk-Based Cyber-Security for Banks, PSPs

27/6/2018/CBN Due to the recent increase in the number and sophistication of cyber-security threats against Deposit Money Banks (DMBs) and Payment Service Providers (PSPs), it has become mandatory for these institutions to strengthen their cyber defenses if they are to remain safe and sound.  The CBN hereby releases the attached […]

First Bank of Nigeria Ltd. ‘B- and B’ And ‘ngBB and ngB’ Ratings Affirmed; Outlook Stable

Culled—Proshare 26/6/2018/S & P Global Ratings We expect First Bank of Nigeria Ltd.’s asset quality to remain a rating weakness, over the next 12 months, despite the improved macroeconomic environment and as management continues to address legacy challenges.  We believe that FirstBank’s regulatory capital will remain comfortably above the minimum […]