Culled—Proshare May 24, 2017/NBS Summary The total value of capital imported into Nigeria in the first quarter of 2017 was estimated to be $908.27 million. Although this was an increase of 27.75% relative to the same quarter of 2016, it was nevertheless 41.36% smaller than the value of capital imported […]
Updates
CBN Communiqué No. 113 of the MPC Meeting May 22 and May 23, 2017
May 24, 2017/CBN Background The Monetary Policy Committee (MPC) met on the 22nd and 23rd of May, 2017, against the backdrop of slowly improving global growth prospects even as international cooperation continues to be threatened by anti-globalization sentiments in major advanced economies. On the domestic front, the economy has shown […]
Nigeria-Based United Bank for Africa PLC Proposed Senior Unsecured Notes Assigned ‘B’ Rating
Culled—Proshare May 24, 2017/S&P Global Ratings S&P Global Ratings today assigned its ‘B’ long-term issue rating to the proposed senior unsecured notes issued by United Bank for Africa Plc (UBA; B/Stable/B). We rate these proposed notes in line with our counterparty credit ratings on UBA. UBA operates in the top […]
