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Fitch Ratings

Economics FEATURED Latest TOP STORIES 

Global Rating Firms Lift Nigeria’s Debt Outlook Amid Economic Reforms

October 10, 2026October 10, 2026 Markets Reporters 0 Comments Fitch Ratings, Global rating agencies, Moody's Investors Service, Nigeria economic reforms

Nigeria’s sovereign credit outlook has turned positive at two major global rating agencies in less than two months, reflecting improving

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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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