(This statement was made by Fitch Ratings on Wednesday May 11, 2017) May 11, 2017/Fitch Ratings Fitch Ratings-London-10 May 2017: Nigerian banks posted good financial results for 2016, despite turbulent operating conditions, but Fitch Ratings believes that significant financial risks persist beyond reported figures. The banks’ healthy 2016 net income […]
Updates
ZENITHBANK Notifies on the Proposed Revalidation to Its $1bn Global Medium Term Note Programme
May 11, 2017/NSE Zenith Bank Plc (the “Bank”) established a US$1,000,000,000 Global Medium Term Note Programme (the “Programme”), in 2014 and had subsequently raised US$500,000,000 under the first tranche of Notes issued under the Programme (the “First Tranche Notes”). The Bank now intends to revalidate/update the Programme and raise up […]
Mastercard Joins Forces with Verifone and Global Payments to Enhance EMV Experience
May 11, 2017/Mastercard Mastercard is joining forces with payments industry leaders to enhance and expedite the consumer checkout experience leveraging the company’s M/Chip Fast technology. M/Chip Fast prioritizes the parts of a transaction critical to security to speed chip checkout times. Verifone intends to incorporate M/Chip Fast into its products […]
