•Expects limited impact of US tariffs on Nigeria’s trade position Fitch Ratings has upgraded Nigeria’s Long-Term (LT) Foreign-Currency (FC) Issuer…
FITCH Ratings has revised the outlook on Fidelity Bank Plc’s LongTerm Issuer Default Rating (IDR) to positive from stable, while…
Despite criticisms that trailed the recent 400 basis points (bp) increase of benchmark interest rate to 22.75 percent, by Nigeria’s…
Fitch Ratings has given specific reasons for its latest rating action on Nigerian Banks. According to the rating agency, the…
FITCH Ratings agency has projected that the reinsurance market will soften in 2025 with increasing capital levels globally and interest…
Fitch Ratings has placed Union Bank of Nigeria Plc’s (UBN) Issuer Default Ratings (IDRs), Viability Rating (VR) and National Ratings…
Fitch Ratings has placed Union Bank of Nigeria PLC's (UBN) Issuer Default Ratings (IDRs), Viability Rating (VR) and National Ratings…
Fitch Ratings has downgraded Nigeria-based Coronation Merchant Bank Limited’s (CMB) Long-Term Issuer Default Rating (IDR) to ‘CC’ from ‘B-’ and…
FITCH Ratings has affirmed United Bank for Africa (UBA) Plc’s Long-Term Issuer Default Rating (IDR) at ‘B-’ with a Stable…
In the last Fitch ratings where FirstBank and FBN Holdings Plc were affirmed at ‘B-’; Outlook Negative, the ratings agency…
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