Daily Archives: August 25, 2020

  • Fitch affirms Coronation Merchant Bank’s rating at B-

    Lagos, Nigeria – August 25, 2020 Nigeria’s leading financial institution, Coronation Merchant Bank emerged the first and only internationally rated merchant bank in Nigeria as shown by the recently released Rating Report by Fitch, a global rating agency. Fitch assigned the Bank a Long Term Issuer Default Rating (IDR) of ‘B-’ with a Negative Outlook, …

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Year Ahead-Re-risking the financial system

Year Ahead 2020: Re-risking the financial system

Oil prices: In a global oil market threatened with over-supply, it appears that OPEC, and its ally Russia, are doing a good job of limiting production.