Fitch, a credit ratings agency, has sounded the alarm over Federal Government’s reliance on Central Bank of Nigeria(CBN) for loans through Ways and Means facility, to...
International credit rating agency, Fitch Ratings, has noted in its latest outlook for the Nigerian banking sector that banks across the country face acute threats from...
One of the international rating agencies, Fitch Ratings, has lowered the rating of the Nigerian-based Bank of Industry (BOI) from B+ to B category. In the...
Some banks in Nigeria have begun the process of revamping and shoring up their capital base following a recent downgrade in rating by an international rating...
A leading rating agency, Fitch Ratings, has downgraded nine Nigerian banks from B+ to B- on the grounds of their inability to raise their credit base...
Fitch Ratings has downgraded Nigeria’s long-term foreign and local currency Issuer Default Rating (IDRs) to ‘B+’ from ‘BB-‘ ratings, while long-term local currency IDR lowered to...
