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-‘ […]
Investors Bite
Fitch Affirms United Bank for Africa at ‘B’; Outlook Stable
February 1, 2018/Fitch Ratings (This statement was made by the Rating Agency on 31/1/2018) Fitch Ratings has affirmed United Bank for Africa Plc’s (UBA) Long-Term Issuer Default Rating (IDR) at ‘B’. The Outlook is Stable. The bank’s Viability Rating (VR) has been affirmed at ‘b’ and its Support Rating at […]
Asian shares struggle, China dips on Lunar New Year profit-taking
31/1/2018/Reuters Hideyuki Sano An index of Asian shares swung into negative territory on Thursday, erasing earlier gains, as a late retreat in Chinese stocks pulled the benchmark lower and as concerns about rising interest rates softened investor sentiment. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.3 percent, […]
