Nigeria’s proposed $5bn total return swap financing arrangement could expose the country to additional debt-management and liquidity risks despite its potential benefits, global rating agency Fitch Ra...
However, the ratings agency observed that the expiry of forbearance will lead to some large Stage 2 loans being reclassified as impaired, the agency said in a new peer credit analysis on the country’s...
The African Peer Review Mechanism, an instrument of the African Union Member States, has faulted the decision of the international credit rating agency, Fitch Ratings, to downgrade the African Export-...
Nigeria’s credit rating has been raised to B by Fitch Ratings, though this still places it in the speculative-grade category. Fitch made this decision because of improved policy credibility and lower ...
