Fitch Downgrades Afreximbank To ‘BBB-’; Outlook Negative
Fitch Ratings has downgraded African Export-Import Bank’s (Afreximbank) Long-Term Issuer Default Rating (IDR) to ‘BBB-’ from ‘BBB’ with a negative ...
Tag: Fitch Ratings
With $4bn Market Size, Nigeria’s Islamic Finance Industry To Surge In H2 – Fitch
Fitch Ratings forecasts a boom in Nigeria's Islamic finance sector from the second half of 2025 through 2026, driven by ...
Fitch Upgrades Nigeria’s Rating To B On Reform Measures
Fitch Ratings has upgraded Nigeria’s long-term foreign-currency issuer default rating from ‘B-’ to ‘B’, reflecting increased confidence in the federal ...
Only 2 Banks Meet New Capitalisation Target – Fitch
Only two banks have so far been able to meet the new capital requirements prescribed by the Central Bank of ...
Fitch Raises Concerns Over Size of Nigeria’s Reserves
With the 30-day moving average of Nigeria’s external reserves standing at $39.785 billion as at the end of October 2024, ...
Fitch Affirms Nigeria’s Positive Outlook At B-
Fitch Ratings, a global rating agency, has affirmed long-term foreign-currency issuer default outlook at ‘B-‘ with a positive outlook, listing ...
CBN’s Regulations May Be Harmful For Economic Stability – Fitch
Fitch Ratings has said the Central Bank of Nigeria may be issuing regulations that would hinder the banking sector support ...
Fitch Raises Nigeria’s Debt Rating Outlook To Positive
Nigeria’s debt rating outlook was lifted by Fitch Ratings to positive from stable, six months after it said that reform ...
Fitch Affirms Nigeria’s Rating, Says Outlook Stable On Reforms
Fitch Ratings has affirmed Nigeria’s long-term foreign-currency issuer default rating at ‘B-‘ with a stable outlook, citing the reforms being ...
Fitch Ratings Rule Out Debt Restructuring For Nigeria
Following the downgrade of the country’s ratings to ‘B-’ from ‘B’ last weekend, international rating agency, Fitch Ratings has said ...
