Rating agency Fitch in its just released ratings report has expressed worries about Nigeria’s economy. The agency rated the country Long Term Foreign Currency Issuer...
Financial experts in the country have disagreed with Global rating agency, Fitch, that most Nigerian banks are undercapitalized following the persistent macroeconomic and currency challenges that...
By Odunewu Segun By downgrading Nigeria’s long-term foreign and local currency issuer default ratings (IDRs) to negative from stable, putting it at ‘B+’, Fitch Ratings is...
International rating agency, Fitch has said that devaluation of the naira will lead to the rise of loan impairments. In its monthly review, Fitch said Impairments...
AN international financial rating agency has described Nigeria’s response to the global slump in oil prices as not being sufficient to tackle the pressures occasioned by...
International credit rating agency, Fitch, has upgraded Nigeria’s United Bank for Africa Plc Viability Rating status to ‘b’ from ‘b-‘while also affirming the bank’s outlook stability....
