Fitch Ratings has revised the Outlook on Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to Positive from Stable, and affirmed the IDR at ‘B-‘. In...
Fitch Ratings said that the decision of the Federal Government to reverse its plan to phase out the implicit fuel subsidies that support price controls on...
Fitch affirms AfDB has stable outlook with triple-A Global credit rating agency, Fitch Ratings, has affirmed the African Development Bank’s (AfDB) credit rating at...
Fitch predicts $6.63 surge in Nigeria’s external reserves in 2021 Fitch Ratings has predicted that Nigeria’s external reserves would surge by $6.63 billion to hit...
REBOUND: Fitch projects improved global GDP at 5.3% in 2021 As the global economy rebounds from the impact of the first wave of Coronavirus pandemic, Fitch...
Fitch Ratings has revised the Outlook on Nigeria-based Coronation Merchant Bank Limited’s (CMB) Long-Term Issuer Default Rating (IDR) to Stable from Negative and affirmed the IDR...
Fitch Ratings has affirmed United Bank for Africa (UBA) Plc’s ratings, including the Long-Term Issuer Default Rating (IDR) at ‘B’, and removed them from Rating Watch...
Fitch Ratings has affirmed Zenith Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B’ and removed it from Rating Watch Negative (RWN). The Outlook is Stable....
Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of FBN Holdings Plc (FBNH) and its primary operating subsidiary, First Bank of Nigeria Ltd (FBN), at ‘B-‘,...
Fitch Ratings has affirmed Guaranty Trust Bank (GTB) Plc’s Long-Term Issuer Default Rating (IDR) at ‘B’ and removed it from Rating Watch Negative (RWN). The Outlook is Stable....