According to the National Bureau of Statistics (NBS), Nigeria’s inflation rate rose to 16.82 percent in April 2022, the highest in eight months compared to 15.90 percent in the previous month.
Fitch has affirmed the Long-term Issuer Default Ratings (IDRs) of 10 Nigerian banks. They are Zenith Bank Plc, FBN Holdings Plc, First Bank of Nigeria Ltd (FBN), United Bank for Africa Plc (UBA), Guaranty Trust Bank Plc (GTB), Access Bank Plc, Diamond Bank Plc, Fidelity Bank Plc, Union Bank Plc and
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BusinessDay
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