Fitch Ratings has projected that Nigeria's external debt servicing obligations will rise to $5.2 billion in 2025, up from $4.7 billion in 2024. This increase includes $4.5 billion in amortisation ...
Fitch Solutions, a financial intelligence service provider, predicts that the naira will fall to N1,993 per US dollar by 2028. According to a report by the company's subsidiary, BMI Research, ...
According to global credit ratings agency Fitch, approximately 30% of Nigeria’s external reserves comprise foreign exchange (FX) bank swaps, indicating ongoing uncertainties regarding the nation’s net FX reserves. The revelation ...
Fitch Ratings has upheld Nigeria's long-term foreign-currency issuer default rating at 'B-' with a stable outlook, citing the ongoing reforms implemented by President Bola Tinubu's administration. The agency noted that ...
Fitch Ratings, a global rating agency, has said that the demonetisation drive by the Central Bank of Nigeria will likely be disruptive soon with a cash shortage that may affect ...
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