Fintech not a threat to Nigerian banks – Fitch Ratings
Fitch Ratings, one of the three leading global ratings agencies, has said in its mid-year outlook for Nigeria that the country’s huge population presents opportunities to both…
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Fitch lashes at CBN’s methods, says causing damage to Nigeria’s economy
Fitch, the global ratings company has lashed out at Nigeria’s Central Bank and its complex policies some of which it blames for compounding the country’s economic woes.
In a report, Fitch…
Fitch affirms Wema Bank’s issuer default rating of B-, stable outlook
Fitch Ratings has affirmed Wema Bank Plc's Long-Term Issuer Default Rating (IDR) at 'B-' with a Stable Outlook. Similarly, the National Long-Term Rating has been upgraded to 'BBB(nga)' from…
Fitch affirms Union Bank at ‘B-’, outlook stable
Fitch Ratings has affirmed Union Bank’s Long-Term Issuer Default Rating at ‘B- with a stable outlook.
Following a comprehensive rating process, the lender’s Long Term National rating was…
Fitch upgrades Lagos ratings to AAA
Fitch Ratings, an international rating agency, in its recent publication outlining the standing of the states has upgraded Lagos State ratings from AA+ (nga) to AAA (nga) for good standing…