Despite increased foreign reserves, naira will depreciate further in 2022 – Fitch report
Despite the upsurge in foreign reserves, the Naira is projected to further depreciate in 2022. This is according to projections ...
Tag: Fitch Solutions
Oil export and household spending to drive Nigerian economic growth in 2022 – Fitch report
Nigeria’s economy is expected to grow by 2.8% in 2022 on the back of stronger household spending and an increase ...
Coca-Cola records 300% increase in sales from e-Commerce channels
Coca-Cola Nigeria reported a threefold (300%) increase in e-Commerce sales, according to a report from Fitch Solutions. Coca-Cola is one ...
Here’s what will happen to Nigeria’s insurance sector in the short to medium term
The Nigerian insurance sector is expected to grow at a subdued rate in 2020 due to the COVID-19 pandemic.
Key new forecasts for Nigerian banks as they navigate COVID-19 pandemic
Nigerian banks are expected to experience a slowdown in 2020 due to the COVID-19 pandemic.
Fitch says Nigerian banks have a risk indicator of 12.14, explains why
The report shows that Nigeria's banking industry remains one of the most systematically fragile in the world.
Ghana, South Africa ahead of Nigeria on top FDI inflows in Africa – Fitch
A recent report released by Fitch Solutions disclosed that Ghana and other countries in Africa are ahead of Nigeria in ...
