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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