Nigeria faces another downgrade in its global rating following a sharp rise in its sovereign debt and a growing finance gap, says one of the world’s...
More than half of Nigerian banks risk going down should the Naira depreciates to N450/$, a recent stress test conducted by leading international financial surveillance agency,...
Ratings agency Fitch has lowered its growth forecast for 2017 from 1.5% to 1%, despite positive Q3 GDP numbers. The news comes on the heels of...
says dollar liquidity constraints to linger By Odunewu Segun Nigerian banks are still exposed to significant risks that undermine their ability to repeat the good financial...
…as Diamond shares recover FirstBank has reacted to the latest Fitch ratings that shaved the bank’s issuer default rating to ‘B’ from B+, and FBN Holdings...
