February 16, 2017/Heritage Bank Ltd Heritage Bank Plc has continued to take the lead in empowering youths to become entrepreneurs, which is amongst others is geared to creating jobs and distributing wealth across the Nigerian economy. Recently, Heritage bank made a “measured” entry into financing and empowering youths with the […]
Money Market
Fitch Rating Affirms Wema Bank’s Long-Term National Rating at BBB- with a Stable Outlook
Culled—Proshare February 16, 2017/Wema Bank Plc Fitch Ratings, a global leader in credit ratings and research has affirmed the Long-term National Rating of Wema Bank at (BBB-). This is reflective of the Bank’s stable outlook and viability, in spite of the continued headwinds facing the country. In Fitch’s opinion, the […]
South Africa watchdog seeks penalty against banks for FX rigging
15/2/2017/Reuters By Tiisetso Motsoeneng South Africa’s competition watchdog has recommended fines against banks including Citigroup, Nomura and Standard Bank equal to 10 percent of their annual revenues for rigging the rand currency, it said on Wednesday. The Competition Commission said it had concluded an investigation into whether banks colluded by […]
