Global credit rating agency, Fitch Ratings has projected that the Central Bank of Nigeria (CBN) would further raise interest rates in the second half of the...
Global credit rating agency, Fitch Ratings, has cautioned the Federal government over the proposed establishment of the foreign currency gateway bank recently announced by the Central...
Fitch Ratings, a credit rating agency, has issued a stable outlook on Stanbic IBTC Holdings Plc handing the Nigerian financial company its National Long-Term Ratings at...
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...
Banks in Nigeria run the risk of larger impaired loan portfolio in the year ahead, stoking the fear of steep deterioration in the asset quality of...
International credit rating agency, Fitch Ratings Inc, has reappraised Nigeria’s outlook on long-term foreign currency Issuer Default Rating (IDR), which assesses a sovereign nation or an...
The current economic downturn in Nigeria may fester if it resolves to enforce a 417,000 barrels per day (bpd) oil output cut, in fidelity to the...
American credit rating agency, Fitch Ratings Incorporated, Monday lowered Nigeria’s Foreign Currency Issuer Default Rating (IDR) to ‘B’ from ‘B+’ and consequently assigned a negative outlook to the...
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...
Global rating agency, Fitch Ratings, has said the operations of banks in Nigeria are being constrained by the operating environment in the country. Fitch, which stated...
Fitch Ratings, a global credit rating agency, affirmed Nigeria’s long-term foreign-currency issuer default rating at ‘B+’ with a negative outlook, even as the 2019 general elections...
Despite Fitch Ratings according Nigeria a B+ rating, mainly based on currency repatriation from Nigerians in diaspora, it says the country still records negative outlook on...
Though the Nigerian banking system posted fairy good financial results for 2016, despite the recession and other operating harsh conditions, its risk rose the highest in...
An international rating agency, Fitch Ratings, has stated that Lagos State’s long-term foreign and local currency Issuer Default Ratings (IDRs) outlook for 2016 was retained at...
Fitch Ratings has affirmed the long-term Issuer Default Ratings (IDRs) of 10 Nigerian banks. They are Zenith Bank Plc, FBN Holdings Plc and its subsidiary, First...