Culled—Proshare June 22, 2017/S & P Global Ratings First Bank of Nigeria Ltd.’s regulatory capital has improved and the risk of breaching regulatory requirements has thus diminished, while the bank’s funding and liquidity remain a credit strength. Although asset quality remains a weakness, the steadying of the oil price and […]
Money Market
Enabling Every Device to Accept Payments
June 21, 2017/Mastercard James Hick A colleague of mine used to say that “smaller businesses don’t think of themselves as small, they just haven’t finished growing yet.” I was reminded of his words when I recently came across research by Worldpay that 1 in 10 of these nascent businesses in […]
Bob Diamond’s Africa bank ups stake in Union Bank of Nigeria
June 21, 2017/Reuters Atlas Mara Ltd, the African investment vehicle of former Barclays boss Bob Diamond, said on Wednesday that it plans to raise $200 million to increase its stake in Union Bank of Nigeria and to scale up other businesses. Atlas Mara said it was buying a 13.4 percent […]
