Union Bank of Nigeria PLC (UBN) has seen a sharp decline in its credit ratings, according to a recent downgrade by Fitch Ratings. The international credit...
Fitch Ratings, the international credit rating agency, has forecasted that Nigeria’s currency, the naira, will stabilize at 1,450 against the United States dollar by the end...
Fitch Ratings has upgraded Egypt’s credit outlook to positive, reflecting growing confidence in the North African nation’s economic prospects following an international bailout of $57 billion....
Fitch Ratings has upgraded Nigeria’s credit outlook to positive, citing the country’s reform progress under President Bola Tinubu’s administration. This decision is a turning point for...
Fitch Ratings has downgraded China’s economic outlook to negative, citing concerns over the country’s mounting debt and the ongoing slump in its real estate sector. This...
The Central Bank of Nigeria (CBN)’s announcement of a new Foreign Currency Gateway Bank has stirred concerns over the liquidity of Nigerian banks, according to recent...
Fitch, one of the leading global credit rating agencies, has said that the Central Bank of Nigeria (CBN) still lacks sufficient foreign exchange (forex) to clear...
Treasury Secretary Dismisses Downgrade as 'Arbitrary' and 'Outdated', Democrats and Republicans Point Fingers
The projection stems from Ecobank Nigeria notable improvement in creditworthiness compared to other Nigerian issuers.
Fitch Ratings has affirmed Fidelity Bank Plc's credit rating at 'B-' with a stable outlook, according to its recent report