Fitch Ratings’ decision to revise the outlooks of nine Nigerian banks and two bank holding companies to Positive offers evidence of improving confidence in Nigeria’s economic …
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Fitch Ratings
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News
Fitch Revises Nigeria Outlook To Positive, Reserves Reach $55bn, Retains B Rating
by StakeBridge2 minutes readBy Jennete Ugo Anya Fitch Ratings has revised Nigeria’s Long-Term Issuer Default Ratings outlook from Stable to Positive while affirming the country’s rating at “B”, …
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EconomyNews
CBN BHC Rules Could Trigger Bank Restructuring, Fitch Warns
by StakeBridge3 minutes readBy Johnson Emmanuel Fitch Ratings has warned that the Central Bank of Nigeria’s (CBN) proposed regulations for Bank Holding Companies (BHCs) could trigger significant …
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EconomyNews
Fitch Flags $5bn TRS As New Pressure Point For Nigeria’s Debt Liquidity
by StakeBridge2 minutes readBy Kingsley Ani Fitch Ratings has raised concerns over Nigeria’s proposed $5 billion Total Return Swap (TRS), warning that the transaction could create additional liquidity, …
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