Money Market

Ecobank is the “Go to” Bank for Regional Trade in Africa – Akinwuntan

September 24, 2020/Ecobank The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has reiterated that Ecobank remains the gateway financial institution for African regional trade. Akinwuntan who was speaking at the Ecobank Digital Series virtual Africa Trade Conference 2020 titled: ‘Facilitating Regional Trade in the emerging AfCFTA Era’ maintained that Ecobank, the […]

S and P Global Ratings Affirmed First Bank of Nigeria Ltd Ratings, Outlook Stable

Culled—Proshare September 23, 2020 by  S & P Global Ratings   Lower oil prices and the impact of COVID-19 continue to hinder economic activity in Nigeria, and we foresee a moderate deterioration of First Bank of Nigeria’s (FirstBank’s) asset quality. However, we expect FirstBank’s regulatory capital ratios will remain well […]