November 23, 2021/Modion Communications GCR Ratings, a leading African rating agency, has upgraded Leadway Assurance Company Limited’s national scale financial strength rating to AA(NG) from AA-(NG), the second-highest financial credit rating, in their October 2021 Report.  This rating indicates Leadway Assurance’s superior capacity to meet financial commitments and obligations in […]

November 23, 2021/InvestmentOne Update ASI as at 12.00pm: -0.03% Market movers: MANSARD (-5.53%), ETI (-5.17%), HONYFLOUR (+9.95%) and FLOURMILL (+5.98%). Sector Performances: Banking (-0.11%), Consumer Goods (+0.15%), Industrial and Oil and Gas Market activity: In today’s trade, total volume and value decreased by 50% and 52% respectively, compared to this time yesterday, as investors have traded about 66million units of shares worth N827 million. FBNH (-1.22%) is the most […]

November 17, 2021/Fitch Ratings Fitch Ratings has assigned United Bank For Africa’s (UBA) USD1.5 billion global medium-term note programme (GMTN) final long- and short-term ratings of ‘B’. Fitch has also assigned UBA’s USD300 million 6.75% senior unsecured notes (senior notes) due 2026, to be issued under the GMTN programme, a final […]