Please Subscribe
subribe to get the latest news delivered to you free
fitch
Dollar Shortage Presents Significant Risks To Banks In Nigeria ~Fitch
The effect of dollar shortage in the Nigerian economy may pose major risks to commercial lenders in Africa’s biggest economy, Fitch Rating has...
Nigeria: Insurance Sector Growth Constrained By Widespread Poverty — Fitch
Low average earnings and widespread poverty in Nigeria are among factors weighing on insurance affordability and the growth of the sector, according to...
Fitch Revises Outlook on 4 Nigerian Banks to Negative on Sovereign Action
December 24, 2019/Fitch Ratings Fitch Ratings has revised the Outlooks on the Long-Term Issuer Default Ratings (IDR) of four Nigerian banks, Zenith Bank...
World GDP Growth to Hit an Eight-Year Low in 2020-Fitch
October 1, 2019/Fitch Ratings The outlook for the global economy has deteriorated significantly due to the escalation in the US-China trade war, Fitch...
Fitch Rates Nigeria’s Access Bank’s Tier 2 Subordinated Debt Final ‘A(nga)’
September 20, 2019/Fitch Ratings Fitch Ratings has assigned Access Bank Plc’s (Access: B/Stable) issue of NGN30 billion Tier 2 subordinated bonds a final...
Fitch Affirms Nigeria at ‘B+’; Outlook Stable
June 11, 2019/Fitch Ratings Fitch Ratings-Hong Kong-07 June 2019: Fitch Ratings has affirmed Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B+’ with...
Nigerian Banks’ Rising LC Issuance Is Credit Positive-Fitch
March 11, 2019/Fitch Ratings Nigerian banks’ rising local-currency (LC) issuance is credit positive as it diversifies their funding and reduces their foreign-exchange risk,...
Fitch: IFRS 9 No Threat to Nigeria Banks’ Regulatory Capital
23/7/2018/Fitch Ratings Fitch Ratings says in a new report that regulatory capital ratios for rated Nigerian banks are not under threat following the...
