Tag: Nigeria Banking
-
GCR Holds Union Bank of Nigeria Ratings and Signals Evolving Outlook
GCR Maintains Union Bank of Nigeria Ratings on an Evolving Outlook Global Credit Ratings (GCR) has affirmed Union Bank of Nigeria Plc (UBN)’s long-standing national scale issuer rating at BBB-(NG) and its short-term issuer rating at A3(NG). Crucially, the outlook attached to these ratings remains evolving, indicating that the rating agency sees potential for change…
-
GCR Maintains Union Bank of Nigeria Ratings as Outlook Evolving
GCR Maintains Union Bank of Nigeria Ratings with Evolving Outlook Global Credit Rating (GCR) has affirmed Union Bank of Nigeria Plc (UBN)’s national scale long-term issuer rating at BBB-(NG) and short-term issuer rating at A3(NG). The outlook remains evolving, indicating that the credit path could yet shift as the bank navigates earnings stability, asset quality,…
-
Fidelity Bank Appoints Amaka Onwughalu as New Board Chairman
Fidelity Bank Announces Leadership Transition Fidelity Bank Plc has announced a significant leadership transition at the highest level of its governance. In an official notice, the bank confirmed that the tenure of the current Board Chairman, Mr. Mustafa Chike-Obi, has come to a close, and that Mrs. Amaka Onwughalu has been appointed as the new…
-
Otedola Applauds Tinubu’s Economic Acumen as First Bank Hits N500bn Capital Benchmark
Otedola’s Praise for Tinubu and First Bank Nigerian financier Femi Otedola has publicly commended President Bola Tinubu for what he describes as a “deep economic understanding” that, in his view, supports the resilience and growth of Nigeria’s financial system. The remarks come as First Bank of Nigeria, one of the country’s oldest and most prominent…