May 9, 2023/United Capital Last week, the National Assembly approved the securitisation of the N22.7tn loans that the Central Bank of Nigeria (CBN) advanced to the Federal Government (FG) under its Ways and Means Policy. The Ways and Means provision allows the government to borrow from the CBN when there […]
OPINION/EDITORIAL
Retail Trading of Banking Stocks Hit Record Levels in Q1 2023 – Pulse Report Finds
The US banking crisis leads to renewed retail interest in the sector; Tesla, Bed, Bath & Beyond and Amazon are most traded single-name stocks during the quarter May 9, 2023/Capital.com Based on the findings of the Q1 2023 Pulse Report published by high-growth trading platform Capital.com, the global banking turmoil […]
Fitch Ratings Affirms Nigeria at “B-“; Outlook Stable
May 8, 2023/Fitch Ratings Fitch Ratings has affirmed Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B-‘ with a Stable Outlook. A full list of rating actions is at the end of this rating action commentary. Key Rating Drivers Fundamental Strengths and Weaknesses: Nigeria’s rating is supported by a favourable public […]
