Fitch Downgrades Union Bank’s Credit Rating Amid Capital Adequacy Concerns
Fitch Ratings has downgraded the long-term issuer default ratings (IDR) of Union Bank of Nigeria, citing concerns over the bank's ...
Tag: Fitch Ratings
Dangote Refinery to Sell 12.5% Stake of NNPC Shares to Raise Funds
The Dangote Refinery has announced plans to sell a 12.5% stake to raise funds, according to a report by Fitch ...
Naira Shows Stability in Official Market, Meeting Fitch Ratings Projections
The Nigerian naira demonstrated remarkable stability in the official market, maintaining alignment with Fitch Ratings' projections despite fluctuating within the ...
Fitch Ratings Projects Naira to Settle at 1,450/$ by December
International credit rating agency Fitch Ratings has forecasted that the Nigerian currency, the naira, will end the year at 1,450 ...
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