February 9, 2019/Fitch Ratings Fitch Ratings has affirmed Union Bank of Nigeria PLC’s (Union) Long-Term Issuer Default Rating (IDR) at ‘B-‘. The Outlook is Stable. Fitch has also affirmed the bank’s Viability Rating (VR) at ‘b-‘ and Support Rating at ‘5’. A full list of rating actions is at the […]
Investors Bite
Bearish Flattening on Bonds, despite continued offshore sell on the 10-yr
Culled—Proshare February 9, 2018/Zedcrest Capital ***Oil prices fall as U.S. output soars above 10 million bpd*** KEY INDICATORS Inflation 15.37% Declined by 0.54% in December from 15.90% in November 2017 MPR 14.00% Left unchanged at 14.00% at the MPC meeting of November 2017 External Reserves $41.01billion Accreted 1.73% […]
NASD USI Up by 0.38% WoW
Culled—Proshare February 9, 2018/NASD Plc The Week in Review NASD closed its trading day on Friday 9, February, 2018 higher compared to last Friday. The Market Capitalization increased 0.38% this week, closing higher at ₦428.05 billion against ₦426.45 billion previously. The NASD USI also increased by 0.38%this week, closing at 632.52 points, as against 630.17 points last Friday. Trade Summary NASD OTC Securities Exchange […]
