Fitch revises Nigeria’s outlook to positive, affirms ‘B’ rating
Fitch Ratings has upgraded its outlook on Nigeria’s credit rating to Positive from Stable, while affirming the country’s long-term issuer default ratings…
Fitch Ratings
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…
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Fitch Ratings has withdrawn its ratings on the African Export-Import Bank (Afreximbank) for commercial reasons, saying it will no longer provide ratings…
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…
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…