Money Market

CBN Revokes Skye Bank’s Operating License, AMCON to Recapitalise Now Polaris Bank

September 21, 2018 By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Friday announced the revocation of Skye Bank of Nigeria Plc operating license and renamed it… Read more »

Nigeria-Based Zenith Bank ”B and B” And ”ngA and ngA-1” Ratings Affirmed; Outlook Stable

September 20, 2018/S & P Global Ratings We forecast that Zenith Bank’s asset quality will remain stronger than that of its domestic peers and that despite the slow economic recovery… Read more »

CBN Responds to Concerns over Recent FOREX Sanctions

19/9/2018/CBN The Central Bank of Nigeria (CBN) acknowledges the public interest over sanctions recently imposed on four deposit money banks (DMBs). We wish to restate that the CBN will continue… Read more »