Culled—Proshare April 26, 2018/Fitch Ratings Fitch Ratings has upgraded First Bank of Nigeria’s (FBN) subordinated notes to ‘CCC+’/’RR5’ from ‘CCC’/’RR5’ and removed them from Rating Watch Positive (RWP). The notes were issued through FBN Finance Company BV, a special purpose vehicle, which was established to provide funding for the bank. […]
Money Market
FirstBank Empowers SMEs and Youths in Lagos and Benin
April 25, 2018/FirstBank First Bank of Nigeria Limited, Nigeria’s number one SME Bank is hosting the SMEConnect Series – a multi-pronged SME support programme developed by the Bank to chart a veritable course for SME development, emphasizing boundless opportunities for entrepreneurial business development. The programme includes open seminars to build […]
CBN Continues Interventions in FOREX Market
Culled–Proshare April 24, 2018/CBN The Central Bank of Nigeria (CBN) has stepped into the inter-bank sector of the Foreign Exchange market, yet again, intervening in the wholesale segment and other sectors of the market to the tune of $210 million. Figures released by the Bank on Tuesday, April 24, 2018, […]
