Tag: Bank
Fidelity Bank Plc redeems $400m eurobond at maturity
Fidelity Bank Plc has redeemed its 5-year $400 million Senior Unsecured Notes at maturity, reaffirming its commitment to meeting investor obligations and reinforcing its...
CBN grants JP Morgan approval-in-principle to set up merchant bank
The Central Bank of Nigeria (CBN) has granted approval-in-principle to JP Morgan to set up a merchant in the country. The move eases the...
IMF, World Bank launch Bangkok Blueprint to tackle cyber fraud
The International Monetary Fund (IMF) and the World Bank, in partnership with the Bank of Thailand, have launched a framework titled ‘Bangkok Bueprint’, which...
AI, energy supply shock, mounting debts headline IMF/World Bank meetings in...
Financial experts, government officials, central bank chiefs, heads of multilateral organisations and other participants are gathered this week in Bangkok, Thailand, for the annual...
Gambia asks GTB, Access Bank, others to dismiss non-Gambian employees
The Central Bank of The Gambia ordered all commercial banks operating in the country to dismiss non-Gambian employees. In a letter dated 19 September,...
GCR upgrades Fidelity Bank rating on stronger capital position
GCR Ratings has upgraded Fidelity Bank Plc‘s national-scale long-term issuer rating to A Plus (NG) from A (NG), while affirming its short-term issuer rating...
Nascon, Coronation, Jaiz Bank top stock pick this week
Nigerian stocks advanced by 2.9 per cent last week, lifted by bank and oil & gas equities. All the sector indexes appreciated during the...
Access Holdings appoints Orimoloye as Access Bank executive director, risk management
Access Holdings Plc has announced the appointment of Ifedayo Orimoloye as Executive Director, Risk Management of its flagship subsidiary, Access Bank Plc. The company...
Zenith Bank, MTN Nigeria, AXA Mansard top stock pick this week
After two successive weeks of loss, Nigerian stocks found resilience last week amid stronger buy pressure, helping market capitalisation appreciate by 0.8 per cent....
INTERVIEW: How UNCCD, FAO, World Bank back Nigeria’s fight against drought,...
In this interview, Etim William, Director of the Desertification, Land Degradation and Drought Management Department of the Federal Ministry of Environment, the factors contributing...
