February 22, 2017/First Bank of Nigeria Ltd Convenience, Ease of Banking and Comfort are the key defining features as Nigeria’s Most Valuable Bank Brand, First Bank of Nigeria Limited in partnership with First Street redefines airport experiences of its customers and other travelers with the launch of its best-in class […]
Updates
New Forex Measures Could Pave Way for Gradual Return of Confidence
February 22, 2017/Cowry Asset Research In order to increase the availability of Foreign Exchange in the economy, Central Bank of Nigeria (CBN) indicated it has began supply of direct additional funding to banks to meet foreign exchange (forex) demand of specified end users at settlement rates not exceeding 20% above […]
Fitch Upgrades Nigeria’s Seven Energy to ‘CC’
Culled—Proshare February 22, 2017/Fitch Ratings Fitch Ratings has upgraded Nigeria-based Seven Energy International Limited’s Long-Term Issuer Default Rating to ‘CC’ from ‘RD’ (Restricted Default) following completion of the consent solicitation for the company’s 10.25% USD300 million senior secured notes due 2021. Simultaneously, Fitch has affirmed wholly owned subsidiary Seven Energy […]
