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Tag "Fitch Ratings"

Fitch: Naira shortage may trigger increased demand for foreign currencies

    Fitch: Naira shortage may trigger increased demand for foreign currencies

Fitch Ratings, a global credit ratings agency, says the cash shortage in Nigeria may reduce consumer spending and boost demand for foreign currency. This is contained in its latest report

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Fitch upgrades BoI’s national rating to AAA

    Fitch upgrades BoI’s national rating to AAA

Fitch, a global credit rating agency, has upgraded the long-term rating of Bank of Industry(BoI) to ‘AAA(nga)’ from ‘AA+(nga). BOI is Nigeria’s primary development bank, with the mandate of financing

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Fitch affirms First Bank at B-, says board replacement won’t affect profitability, asset quality

    Fitch affirms First Bank at B-, says board replacement won’t affect profitability, asset quality

Fitch, an international credit rating agency, has affirmed FBN Holdings Plc (FBNH) and its primary operating subsidiary, First Bank of Nigeria Ltd (FBN), at “B-” with a negative outlook. A

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Fitch: Nigeria’s debt to revenue ratio may hit 395% by 2022

    Fitch: Nigeria’s debt to revenue ratio may hit 395% by 2022

Fitch Ratings, an international credit rating agency, has projected that Nigeria’s debt to revenue ratio will rise to 395 percent by 2022. The debt to revenue ratio is used to

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Fitch ratings: FG’s sustained borrowings from CBN to fund budget deficit may raise risks

  Fitch ratings: FG’s sustained borrowings from CBN to fund budget deficit may raise risks

Fitch Ratings, a credit rating agency, says repeated recourse by the federal government (FG) to its ways and means facility

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Fitch Ratings: Forex liquidity risk may affect credit rating of Nigerian banks

  Fitch Ratings: Forex liquidity risk may affect credit rating of Nigerian banks

Fitch Ratings, a global credit rating agency, predicts a risk in the rating of Nigerian banks due to foreign currency

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‘FG’s ability to support is limited’ — Fitch revises BOI’s rating to stable

  ‘FG’s ability to support is limited’ — Fitch revises BOI’s rating to stable

Fitch has revised Bank of Industry’s (BOI) outlook to stable from negative and affirmed the bank’s long-term issuer default rating

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Fitch revises Nigeria’s outlook to ‘stable’, says CBN’s capital restriction will ‘damage investor confidence’

  Fitch revises Nigeria’s outlook to ‘stable’, says CBN’s capital restriction will ‘damage investor confidence’

Fitch, a global credit rating agency, has revised the outlook on Nigeria’s long-term foreign-currency issuer default rating (IDR) to ‘stable’

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Fitch affirms Nigeria at B+, dollar steady

  Fitch affirms Nigeria at B+, dollar steady

  Fitch Ratings has affirmed Nigeria’s long-term foreign currency Issuer Default Rating (IDR) at ‘B+’ with a negative outlook. While

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Fitch Ratings back CBN, say Nigerian banks viable

  Fitch Ratings back CBN, say Nigerian banks viable

Fitch Ratings, one of the three biggest rating agencies in the world, has downgraded two of the biggest banks in

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