Fitch Upgrades UBA’s Ghana Arm To ‘b-‘, Stable Outlook
Fitch Ratings has upgraded United Bank for Africa (Ghana) Limited’s Viability Rating (VR) to ‘b-’, from ‘ccc+’ affirming its Long-Term ...
Tag: Fitch Ratings
Afreximbank Faults Fitch’s Negative Outlook, Sovereign Loan Restructuring Claims
Following a recent negative outlook rating by Fitch Ratings, Africa Export Import Bank (Afreximbank) has faulted the premise of the ...
Fitch, GCR Upgrade Wema Bank Ratings
Wema Bank, Nigeria's oldest indigenous bank and pioneer of Africa's first fully digital bank, ALAT, has received rating upgrades from ...
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 ...
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 ...
