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Fitch Ratings

Economics FEATURED Latest TOP STORIES 

Afreximbank Cuts Credit Rating Ties With Fitch Months After Downgrade

January 23, 2026January 23, 2026 Markets Reporters 0 Comments Afreximbank, Fitch Ratings

The African Export-Import Bank (Afreximbank) has terminated its credit rating relationship with Fitch Ratings, more than seven months after a

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Economics FEATURED Latest TOP STORIES 

Nigeria’s Credit Rating Lifted by Fitch for First Time Since 2019

April 12, 2025April 12, 2025 Markets Reporters 0 Comments Fitch Ratings, Nigeria credit rating

Fitch Ratings has upgraded Nigeria’s long-term foreign-currency issuer default rating to ‘B’ from ‘B-‘, with the outlook said to be

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Economics FEATURED Latest TOP STORIES 

Ghanaian banks’ prospects lifted by government’s debt restructuring 

January 14, 2025January 14, 2025 Markets Reporters 0 Comments Fitch Ratings, Ghana debt restructuring, Ghanaian banks

Ghanaian banks have brighter prospects as solvency recovers from the sovereign default and operating environment pressures reduce, Fitch Ratings has

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Economics FEATURED Latest TOP STORIES 

Nigeria’s credit profile hangs on fiscal revenue boost, says Fitch

January 11, 2025January 11, 2025 Markets Reporters 0 Comments Fitch Ratings, Nigeria credit profile

Fitch Ratings has said it views raising fiscal revenues – and particularly less volatile non-oil revenues – as a key

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FEATURED Latest Money TOP STORIES 

Nigeria’s $3.8bn Islamic finance industry holds huge growth potential: Fitch

June 12, 2024June 12, 2024 Markets Reporters 0 Comments Fitch Ratings, Nigeria islamic finance industry, Sukuk market

The Islamic finance industry in Nigeria has significant potential for growth and is expected to continue to expand over 2024–2025,

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Economics FEATURED Latest TOP STORIES 

Fitch affirms Nigeria’s rating at ‘B-‘, expects more reforms under Tinubu

May 9, 2023May 9, 2023 Markets Reporters 0 Comments Bola Tinubu, Fitch Ratings, Nigeria sovereign ratings

Fitch Ratings, a global credit rating agency, has affirmed Nigeria’s long-term foreign-currency issuer default rating (IDR) at ‘B-‘ with a

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Economics FEATURED Latest TOP STORIES 

Fitch revises Nigeria’s outlook to stable, says challenges remain

May 12, 2021May 12, 2021 Markets Reporters 0 Comments Fitch Ratings, Nigerian economy

A global credit rating agency, Fitch Ratings, said it had revised Nigeria’s outlook to stable from negative. It said in

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