Stanbic IBTC Holdings named Bank of the Year in Nigeria by The Banker magazine

Stanbic IBTC Holdings PLC has been crowned the Bank of the Year in Nigeria by The Banker magazine, marking a significant milestone in the institution’s pursuit of banking excellence. The prestigious award ceremony, often likened to the Oscars of the…

Fitch affirms positive economic rating for Lagos, says state’s B+ status stable, unaffected

A global credit rating agency, Fitch Ratings, has affirmed the positive economic ratings of Lagos State despite the missed contracted services payment by Visionscape Sanitation Solutions (Visionscape) as a result of halting of the waste management agreement. In a statement…

Fitch revises outlook on FBNH to positive; affirms at ‘B-

Fitch Ratings has revised the Outlook on the Long-Term Issuer Default Ratings (IDR) of FBN Holdings Plc (FBNH) and its primary operating company, First Bank of Nigeria (FBN) to Positive from Negative and affirmed the IDRs at ‘B-‘. Fitch has…

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