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S&P assigns ‘B/B’ Ratings Stable Outlook on UBA Plc

•Rating at par with the Nigerian Sovereign Lagos, Nigeria – May 19, 2017 - International Rating Agency, Standard and Poor’s (S&P) assigned  its ‘B’ long term and ‘B’ short term global scale counterparty ...
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StanbicIBTC Board Elects Basil Omiyi as Chairman

On Monday, 15 May 2017, the board of directors of Stanbic IBTC Holdings Plc announced the election of  Mr. Basil Omiyi as the Chairman of the Board following the receipt of all required regulatory approvals. ...
naira dollar

Banks’ Dollar Demand Slumps over Fear of Crash

There are strong indications that the demand for foreign exchange by authorized dealers hasslumped, as the dealers were only able to pick $45 million out of the $100 million offered by the CBN on wholesale spot...