February 1, 2018/IOSCO The Board of the International Organization of Securities Commissions (IOSCO) has issued today final recommendations that seek to improve liquidity risk management practices of open-ended collective investment schemes (CIS) as part of its mission to protect investors, ensure fair and efficient financial markets and reduce systemic risk. […]
Investors Bite
Nigerian Stocks Rebound 0.26% on Renewed Bargain Hunting
February 1, 2018/InvestmentOne Research The Nigeria equities market closed today on a positive note, as NSE-ASI appreciated by +0.26%. However, market breadth index, a gauge for investor sentiment, closed negative as 35 stocks declined against 22 stocks that gained. AIICO (+8.82%) was the best performing stock while LASACO (-9.52%) had […]
Fitch Affirms FBN Holdings Plc and First Bank of Nigeria at ‘B-‘; Outlook Negative
February 1, 2018/Fitch Ratings (This statement was made by the Rating Agency on 31/1/2018) Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDR) of FBN Holdings Plc (FBNH) and First Bank of Nigeria Ltd (FBN). The Outlooks are Negative. The banks’ Viability Ratings (VR) have been affirmed at ‘b-‘ […]
