By Dipo Olowookere The ratings of three banks in Nigeria have been downgraded Fitch Ratings amid fears that their operations would be negatively impacted by a...
**Says Inflation to Remain at Double Digits through 2019 **Debt to Hits 292% of Revenue **Buhari Expected to Continue Economic Programme if Re-elected By Dipo Olowookere...
By Dipo Olowookere Last week, one of the companies listed on the Nigerian Stock Exchange (NSE), Seplat Petroleum Development Company Plc (Seplat) announced its intention to...
A final rating of ‘B+’ has been assigned to Nigeria’s $1.5 billion notes by renowned rating agency, Fitch Ratings. A statement issued by the firm on...
By Dipo Olowookere The issuance of Eurobonds by Nigerian banks has been described by Fitch Ratings as a step towards reducing maturity mismatches between foreign-currency (FC)...
By Dipo Olowookere Globally renowned rating agency, Fitch Ratings, has said that access to foreign currency at banks in Nigeria has increased lately especially since the...
By Dipo Olowookere Nigeria’s $1 billion 15-year 7.875 percent senior unsecured notes have been assigned a final rating of ‘B+’ by Fitch Ratings. In a statement...
By Modupe Gbadeyanka Fitch Ratings has revised the Outlook on Nigeria’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to Negative from Stable and affirmed...
By Modupe Gbadeyanka Fitch Ratings has downgraded Nigeria-based Seven Energy International Limited’s Issuer Default Rating to ‘RD’ from ‘C’ following the announcement of the results of...
By Modupe Gbadeyanka Fitch Ratings has assigned Kaduna State Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) of ‘B’ and a National Long-Term Rating of...