Fitch Ratings Archives

Fitch warns Nigeria’s $5bn swap deal carries major debt risks

Fitch Ratings has warned that Nigeria’s proposed $5 billion Total Return Swap could expose the country to significant debt management, liquidity and future debt restructuring risks. The warning was contained in Fitch’s latest special report, titled “Sovereign Total Return Swaps and Repo Transactions: Q&A 2026”. The rating agency said that while TRS transactions could give […]

aadelekepdnlimited-com
16th September 2026
0 Comments
162 Views

Banking

Fitch withdraws ratings on Afreximbank over commercial reasons

Fitch Ratings has withdrawn its ratings on the African Export-Import Bank (Afreximbank) for commercial reasons, saying it will no longer provide ratings or analytical coverage on the Cairo-based multilateral lender. In a statement on Wednesday, the global credit rating agency said the withdrawal follows the termination of its rating relationship with Afreximbank, days after the […]

aadelekepdnlimited-com
29th January 2026
0 Comments
455 Views

News

Recapitalisation may push tier-3 banks into mergers – Fitch

Fitch Ratings has warned that Nigeria’s tier-3 banks may have to pursue mergers, acquisitions, or licence downgrades to meet the Central Bank of Nigeria’s new capital requirements. In its report released on Wednesday, the agency noted that while first-tier and tier-2 banks have made significant progress in raising fresh capital, tier-3 banks have lagged, making […]

monwubukepdnlimited-com
13th February 2025
0 Comments
342 Views

featured

Nigerian banks on course to meet recapitalisation deadline – Fitch

Fitch Ratings has reported that Nigerian banks are on course to meet the Central Bank of Nigeria’s March 2026 recapitalisation deadline, with most already securing or raising the required capital. The firm revealed this in a non-rating commentary on Nigerian banks, published on its website on Wednesday. In March 2024, the Central Bank set a […]

monwubukepdnlimited-com
12th February 2025
0 Comments
294 Views

Kenyan consumer group seeks details of $500m Dangote

NITDA warns against rising threat of sextortion

FGN savings bond allotments rise N11bn to N47.25bn

Absa becomes first African bank to launch crypto

Contact Info

Some Populer Post

Kenyan consumer group seeks details of $500m Dangote Refinery

NITDA to turn youth ideas into policy with AI

Corruption is Nigeria’s major obstacle to economic advancement —

Nigeria’s $2bn six-satellite procurement reaches 95% completion

Tag: Fitch Ratings

Fitch warns Nigeria’s $5bn swap deal carries major debt risks

Fitch withdraws ratings on Afreximbank over commercial reasons

Recapitalisation may push tier-3 banks into mergers – Fitch

Nigerian banks on course to meet recapitalisation deadline – Fitch

Kenyan consumer group seeks details of $500m Dangote.

NITDA to turn youth ideas into policy with.

Corruption is Nigeria’s major obstacle to economic advancement.

Nigeria’s $2bn six-satellite procurement reaches 95% completion

Sign Up for Our Newsletter