Author: Marketforces Africa

Jerome Powell, United States (U.S) Federal Reserves Chairman said at the European Central Bank

GTCO Plc has crossed N1 trillion in market capitalisation as equities investors continue to position in value

Retail giant Access Bank plc has unveiled the W initiative Womenprenuer Pitch-a-ton Season 5

Fitch Affirms Standard Chartered ‘A’ Rating with Stable Outlook Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDR) of Standard Chartered PLC (SC) at ‘A’ and Standard Chartered Bank (SCB) at ‘A+’. The Outlooks are Stable. Fitch has also affirmed SC’s and SCB’s Viability Ratings (VR) at ‘a’. The ratings said SC’s ratings are driven by its VR and primarily reflect a strong franchise across key markets and a business model that materially benefits from higher interest rates. The bank’s VR also balances strong capital and liquidity buffers and fairly conservative risk controls against its exposure to riskier markets…

Fitch Ratings has affirmed Union Bank of Nigeria PLC’s Long-Term Issuer Default Rating

Sterling Bank, SMEDAN to Create SME Database Sterling Bank has signed an agreement with the Small & Medium Enterprises Development Agency of Nigeria (SMEDAN) to establish a comprehensive database of Small and Medium Scale Enterprises (SMEs) in Nigeria. In a statement, the bank said this will help in scaling intervention programs and providing tailored solutions that truly contribute to the growth of SMEs. The signing ceremony took place in Lagos, where the Chief Executive Officer of Sterling Bank, Mr. Abubakar Suleiman, expressed his optimism about the collaboration. He emphasised that genuine collaborations, driven by opportunity rather than regulation, often yield…

Equities investors trading highs and lows in the Nigerian bourse recorded more than N421 billion gain

United Bank for Africa (UBA) has unveiled the UBA Braille Account Opening Form, designed specifically …

The Nigerian Naira appreciated against the United States (U.S.) dollar in the Investors’ and Exporters’ foreign

Federal Government of Nigeria (FGN) has revealed a plan to raise N1.2 trillion from the local debt capital market