Culled—Proshare June 22, 2017/DMO Click here to download PDF Update Auction Result for the 14.50% FGN JUL 2021 (Re-opening), 16.2884% FGN MAR 2027 (Re-opening 10- Year Bond) & 16.2499% FGN APR 2037 (Re-opening) Source: DMO Successful bids for the 14.50% FGN JUL 2021, 16.2884% FGN MAR 2027 and 16.2499% FGN […]
Updates
Broadband Penetration in Need of a Leg-up
Culled—Proshare June 22, 2017/FBNQuest Research The latest data released by the NCC, the industry regulator, show that internet subscriptions stood at 90.1 million in April, representing a y/y contraction of -1.2%. The figure implies density of 49% in a population estimated at 185 million, placing Nigeria well above the African […]
FBN Outlook Revised to Stable; ‘B-and B’ Ratings Affirmed; National Scale Rating Raised To ‘ngBB+’
Culled—Proshare June 22, 2017/S & P Global Ratings First Bank of Nigeria Ltd.’s regulatory capital has improved and the risk of breaching regulatory requirements has thus diminished, while the bank’s funding and liquidity remain a credit strength. Although asset quality remains a weakness, the steadying of the oil price and […]
