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FITCH RATINGS
News and analysis about fitch ratings
Fitch Ratings has revised Guaranty Trust Bank Plc's (GTB) and Zenith Bank Plc's National Long-Term Ratings to 'AA(nga)' and 'AA-(nga)', respectively.
American based credit rating agency, Moody’s Investors Service (Moody’s), in a report released on Wednesday, April 15, 2020, affirmed Nigeria’s B2 long-term issuer ratings.
The crash in crude oil prices globally and the coronavirus pandemic appear to have negative effects on the Nigerian banking industry.
Fitch Ratings has downgraded the three-highest rated banks in Nigeria - Zenith, GTB and UBA to Long-Term Issuer Default Rating (IDR) 'B' and Viability Rating (VR) 'b'.
Fitch Ratings, one of the biggest credit rating agencies, has expressed fears over the continuous depletion of the nation’s external reserves.
Central bank of Nigeria (CBN) under President Muhammadu Buhari might drag the Nigerian economy in crisis to mismatch in economic policy.
Fitch Ratings has revised the Outlook on the Long-Term Issuer Default Ratings (IDR) of FBN Holdings Plc (FBNH)...
Fitch Ratings has released its credit rating for three tier-1 banks in the country.
Rating agency Fitch yesterday released a Sovereign Rating report on Nigeria. The agency maintained its Long-Term Foreign Currency...
Ratings agency Fitch, in a recently released report, is of the opinion that profits made by Nigerian banks...
Ratings agency Fitch has maintained triple A rating for Stanbic Ibtc holdings and Stanbic Ibtc bank. Another tier...
On Friday, Fitch Ratings affirmed Kaduna State's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'B' and...