May 28, 2018/Ecobank Ecobank has won two major awards at the African Banker’s prestigious ceremony held at the Paradise Hotel in Busan, South Korea. The bank was named Best Retail Bank in Africa after impressing judges with the strides it has made to leverage digital financial services and an enhanced […]
Money Market
CBN Increases Frequency of Weekly FOREX Sales to BDC Operators
May 28, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Monday reviewed the weekly foreign exchange cash sales to the Bureau De Change (BDC) operators. to three times per week “As part of our efforts to enhance the accessibility of foreign exchange especially to the Bureau De […]
Nigeria-Based Fidelity Bank Ratings Affirmed; Outlook Stable
Culled—Proshare May 28, 2018/S & P Global Ratings We expect that Fidelity Bank will continue to display relatively moderate earnings and stable asset quality. We are affirming our ‘B-/B’ and ‘ngBB+/ngB’ ratings on Fidelity Bank PLC. The stable outlook reflects our view that the bank will maintain a broadly stable […]
