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Tag "Fitch Rating"

Fitch upgrades Lagos ratings to AAA — attests to its good standing in debt sustainability

Fitch Ratings, a credit rating agency, has upgraded Lagos state ratings from AA+ (nga) to AAA (nga) for good standing in terms of its debt sustainability. Rabiu Olowo, commissioner for

Nigerian banks have been investing heavily in T-bills, says Fitch

Global credit rating agency, Fitch, says Nigerian banks averaged a 7.5% margin on treasury bill (T-bills) yields in the first half of 2017 (1H17). According to a statement released by

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