Fitch Ratings Reviews Nigerian Banks’ Support Rating

at sarah ojo - 3 minutes ago

Fitch Ratings has revised down the Support Rating Floors (SRF) of 10 Nigerian banks to ‘no floor’ and downgraded nine banks’ Support Ratings (SR) to ‘5’ following a reassessment of potential sovereign support for the banking sector. As a consequence, the long-term issuer default ratings of First Bank of Nigeria Limited, FBN Holdings PLC, Diamond … Continue reading Fitch Ratings Reviews Nigerian Banks’ Support Rating The post Fitch Ratings Reviews Nigerian Banks’ Support Rating 

Rivers Protest: House Of Assembly Condemns Police Action

sarah ojo - 3 minutes ago

The Rivers State House of Assembly has condemned the role of some Police operatives in Thursday’s protests by supporters of the All Progressives Congress (APC) and the Peoples Democratic Party (PDP) in Port Harcourt, the Rivers state capital. After a two-hour debate on the matter, the 19-member house passed a resolution, calling on the Inspector … Continue reading Rivers Protest: House Of Assembly Condemns Police Action The post Rivers Protest: House Of Assembly Condemns Police Action