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LATEST ON MARKETS

Fitch Downgrades Nigeria's Diamond Bank to 'CCC'

10 December, 2018 Nigerian Stock Exchange
Fitch Ratings has downgraded Diamond Bank Plc's (NGSE:DIAMONDBNK) Long-Term Issuer Default Rating (IDR) to 'CCC' from 'B-' and Short-Term IDR to 'C'…

NIC stock rises 32% after news of merger talks with CBA

08 December, 2018 Nairobi Securities Exchange
NIC Bank (NSE:NICB) shares jumped 32 percent on news of merger talks with Commercial Bank of Africa (CBA), raising the mid-tier lender's shareholder…

LATEST REGIONAL NEWS

Namibia: Bank Windhoek issues first Green Bond

06 December, 2018 Namibia
Bank Windhoek, a wholly Namibian-owned commercial bank, reached a milestone on Wednesday, 5 December 2018 when it…

Fitch Affirms South Africa at 'BB+'; Outlook Stable

06 December, 2018 South Africa
Fitch Ratings has affirmed South Africa's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BB+' with a Stable…

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