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FITCH RATINGS

News and analysis about fitch ratings

Fitch Ratings says it foresees an upgrade of ENG's National Ratings which would result from strengthening its creditworthiness relative to other Nigerian issuers.
Fitch Ratings has affirmed Fidelity Bank Plc’s credit rating at ‘B-‘ with a stable outlook, according to its...
Nigeria is now rated six notches above default, and on par with Ecuador and Angola. According to a Friday statement, Fitch has a stable outlook on the country.
Since the CBN announced that it was redesigning N200, N500 and N1000 notes, there has been a significant increase in the demand for dollars
Fitch Ratings has affirmed Coronation Merchant Bank Limited's (CMB) Long-Term Issuer Default Rating (IDR) at 'B-' with a...
Fitch Ratings has upgraded Fidelity Bank Plc’s long-term issuer default rating (IDR) from ‘B-’ to ‘B’, reflecting the bank’s increased creditworthiness.
GDP
Fitch Ratings has projected that Nigeria's foreign reserves would increase to $43 billion in 2022, up from $40.5 billion at the end of  2021.
International credit rating agency, Fitch Ratings, has projected that the world's growth would slow down in 2022. This...
Fitch Ratings, a provider of credit ratings, in a recent report, has established a positive correlation between insurance companies’ credit ratings, and Security Scorecard’s (SSC)...
Fitch Ratings has revised the National Long-Term Rating of Coronation Merchant Bank to 'BBB+ (nga)' from 'BBB (nga)'....
Fitch Ratings has affirmed First City Monument Bank (FCMB) Long-Term Issuer Default Rating (IDR) at 'B-with a stable...
Fitch Ratings has upgraded Bank of Industry’s National Long-term Rating to ‘AAA(nga)’ from ‘AA+(nga)’ and affirmed the bank’s...