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- Naira Slides on FX Market Liquidity Squeeze, US Dollar Rally
- Stanbic IBTC, Guinness Drag NGX Index, Investors Lose N102bn
- Rwanda Spends $32m on Fuel Subsidies in 4 Months- Minister
- Swift Launches Blockchain Pilot for Tokenised Deposits with 17 Banks
- South African Rand Trades Soft on U.S. Dollar Rally
- XRP Price Rises 2% as AI Trades Drive Volume
Companies
McNichols Consolidated Unveils N1.12bn Rights Issue at Deep Discount McNichols Consolidated Plc has initiated a Rights Issue following the submission of an application by…
Dangote Refinery’s Private Placement Attracts $2 Billion Before IPO Even Launches Dangote Refinery is heading…
NVIDIA Profit Soars to $58bn in Q1 on AI Demand Boom With net income of…
First HoldCo Plc extended its bullish momentum as renewed investor interest and strong market participation pushed its share price higher.
Fitch Ratings has affirmed Access Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B’ with a Stable Outlook. Fitch has also removed the National Long-Term Rating from Rating Watch Positive (RWP), affirmed it at ‘AA-(nga)’ and assigned a stable outlook.
Fitch Ratings has affirmed Guaranty Trust Holding Company Plc’s (GTCO) and Guaranty Trust Bank Limited’s (GTB) – its main operating subsidiary – Long-Term Issuer Default Ratings (IDRs) at ‘B’. Fitch has also affirmed their National Long-Term Ratings at ‘AA+(nga)’.
Fitch Ratings has affirmed Stanbic IBTC Holdings PLC’s and Stanbic IBTC Bank Ltd.’s – its banking subsidiary – National Long-Term Ratings at ‘AAA(nga)’ with stable outlooks.