December 24, 2018/Fitch Ratings Fitch Ratings has downgraded Diamond Bank Plc’s (Diamond) Long-Term Issuer Default Rating (IDR) to ‘CC’ from ‘CCC’ and Viability Rating (VR) to ‘cc’ from ‘ccc’ and placed its IDRs and VR on Rating Watch Evolving (RWE). The agency has simultaneously placed Access Bank Plc (Access) on […]
Investors Bite
Great Nigeria Insurance Delists from Nigerian Bourse
December 24, 2018/NSE This public notice is issued pursuant to the Listing rules of the Nigerian Stock Exchange (”the NSE” or ”The Exchange”). Further to the application made to The Exchange by Great Nigeria Insurance Plc (”GNI Plc” or the Company”) on the Voluntary Delisting of the Company from the […]
Nigerian Stocks Up +3.88% in Santa Claus Rally
December 24, 2018 By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Monday inched up +3.88 percent to close at 31,967.01 basis points; compared to a loss of -0.09 percent reported the last session, as Year-to-Date (YTD) returns stands at a negative-16.41 percent. InvestmentOne report says that market breadth […]
