Fitch Ratings

EMEKA OKOROANYANWU International Rating Agency, Fitch Ratings, said the 50 bases points cut by the Monetary Policy Committee of the Central Bank of Nigeria (CBN) may not be able to spur lending to priority sectors of the economy. The MPC…

A global credit rating agency, Fitch Ratings, has affirmed the positive economic ratings of Lagos State despite the missed contracted services payment by Visionscape Sanitation Solutions as a result of halting of the waste management…

Fitch Ratings has downgraded Diamond Bank Plc’s (Diamond) Long-Term Issuer Default Rating (IDR) to ‘CC’ from ‘CCC’ and Viability Rating (VR) to ‘cc’ from ‘ccc’ and placed its IDRs and VR on Rating Watch Evolving (RWE). The agency has…