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S&P Upgrades Nigerian Banks On Stronger Economy, Reform Gains

Ogochukwu Onwaeze, THEWILL -
May 21, (THEWILL) — Improving macroeconomic conditions and ongoing economic reforms have continued to strengthen confidence in Nigeria’s financial system, prompting S&P Global Ratings to upgrade the long-term global scale ratings of seven Nigerian banks from ‘B-’ to ‘B’. The...
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BusinessOgochukwu Onwaeze, THEWILL -

NGX Market Capitalisation Inches Up as All-Share Index Gains 0.02 Percent

The Nigerian Exchange Limited (NGX) recorded a marginal recovery on Tuesday, as market capitalisation increased by N28 billion from N165.079 trillion at the opening to N165.107 trillion at the close of trading.
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