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Fitch rates Nigerian banks economically solid on devaluation effect
28-06-2016 | 11:36:00
Nigerian banks are sufficiently well capitalised to absorb the impact of the 40 per cent effective devaluation of the Naira against the US dollar, Fitch Ratings stated in a recent release.
Fitch affirms Helios Towers ‘B’ Rating on Planned Acquisition by IHS
15-03-2016 | 11:48:00
Fitch Ratings has affirmed the long-term issuer default rating (IDR) of the pioneer of tower infrastructure sharing in Africa, Helios Towers Nigeria Limited’s (HTN), at ‘B’ with a stable outlook, following its planned acquisition by IHS Holding Limited (IHS).
Global Research Leader, Fitch Ratings, Upgrades Access Bank
22-02-2016 | 14:16:00
Access Bank Plc, a leading full service commercial bank with headquarters in Nigeria, and operations across major cities and commercial centers in Sub-Saharan Africa, the UK, China and UAE, today announces an upgrade of its national scale credit rating by Fitch Ratings.
UBA’s viability rating goes up one point
22-12-2015 | 11:06:00
Fitch Ratings has upgraded the United Bank for Africa Plc’s (UBA) Viability Rating (VR) to ‘b’ from ‘b-‘. The bank’s Long-term Issuer Default Rating (IDR) of ‘B+’, Support Rating (SR) of ‘4’ and Support Rating Floor (SRF) of ‘B+’ were however affirmed by one of the global rating giants.