FITCH Archives - The Glitters Online https://theglittersonline.com.ng/tag/fitch/ A voice for the people Wed, 16 Sep 2026 12:18:19 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.8 119911796 Fitch Flags Nigeria’s $5bn TRS Over Debt, Liquidity Risks https://theglittersonline.com.ng/fitch-flags/ Wed, 16 Sep 2026 12:18:19 +0000 https://theglittersonline.com.ng/?p=370334 Fitch Flags Nigeria’s $5bn TRS Over Debt, Liquidity Risks   Fitch Ratings has warned that Nigeria’s proposed $5bn Total Return Swap (TRS) could introduce significant risks to the country’s debt management, liquidity position and future debt restructuring. The warning was contained in Fitch’s latest special report, Sovereign Total Return Swaps and Repo Transactions: Q&A 2026, […]

The post Fitch Flags Nigeria’s $5bn TRS Over Debt, Liquidity Risks appeared first on The Glitters Online.

]]> 370334 Nigeria’s Fiscal Deficit To Widen With Election Spending – Fitch https://theglittersonline.com.ng/fitch-3/ Sun, 12 Oct 2025 19:18:01 +0000 https://theglittersonline.com.ng/?p=341489 Nigeria’s Fiscal Deficit To Widen With Election Spending – Fitch   Global credit ratings agency Fitch Ratings has projected that Nigeria’s fiscal deficit will widen in 2025 and 2026 due to rising government expenditure, election-related spending, and growing debt-servicing obligations. In its latest sovereign review, Fitch affirmed Nigeria’s Long-Term Foreign-Currency Issuer Default Rating at ‘B’ with […]

The post Nigeria’s Fiscal Deficit To Widen With Election Spending – Fitch appeared first on The Glitters Online.

]]> 341489 Fitch Upgrades Lagos, Kaduna, Two Other States’ Investment Rating https://theglittersonline.com.ng/fitch-upgrades-3/ Mon, 28 Apr 2025 11:39:17 +0000 https://theglittersonline.com.ng/?p=327470 Fitch Upgrades Lagos, Kaduna, Two Other States’ Investment Rating   Fitch Ratings has upgraded the Long-Term Foreign- and Local-Currency Issuer Default Ratings of Kaduna, Kogi, Lagos, and Oyo states from ‘B-’ to ‘B’, reflecting improved macroeconomic stability and recent policy reforms in Nigeria. The global ratings agency announced the development on its website on Saturday, […]

The post Fitch Upgrades Lagos, Kaduna, Two Other States’ Investment Rating appeared first on The Glitters Online.

]]> 327470 Fitch Upgrades Nigeria’s Rating On Policy Reforms  https://theglittersonline.com.ng/fitch-upgrades-2/ Sat, 12 Apr 2025 12:27:59 +0000 https://theglittersonline.com.ng/?p=326280 Fitch Upgrades Nigeria’s Rating On Policy Reforms   Fitch Ratings has upgraded Nigeria’s has upgraded Nigeria’s Long-Term Foreign-Currency Issuer Default Rating to ‘B’, from ‘B-‘ with a stable outlook. According to the rating commentary issued late Friday, “The upgrade reflects increased confidence in the government’s broad commitment to policy reforms implemented since its move to […]

The post Fitch Upgrades Nigeria’s Rating On Policy Reforms  appeared first on The Glitters Online.

]]> 326280 Nigerian Banks On Track To Meet Recapitalisation Deadline, Says Fitch https://theglittersonline.com.ng/fitch-2/ Wed, 12 Feb 2025 18:57:40 +0000 https://theglittersonline.com.ng/?p=321471 Nigerian Banks On Track To Meet Recapitalisation Deadline, Says Fitch   International rating agency Fitch Ratings has indicated that Nigerian banks are on track to meet the March 2026 recapitalisation deadline set by the Central Bank of Nigeria. This was disclosed in a non-rating commentary issued by the firm on Nigerian banks on Wednesday via […]

The post Nigerian Banks On Track To Meet Recapitalisation Deadline, Says Fitch appeared first on The Glitters Online.

]]> 321471 Fitch Upgrades Nigeria’s Credit Outlook https://theglittersonline.com.ng/fitch-upgrades/ Sat, 04 May 2024 19:49:00 +0000 https://theglittersonline.com.ng/?p=295572 Fitch Upgrades Nigeria’s Credit Outlook   Against the backdrop of increasing economic hardship in the country, Nigeria’s fiscal and monetary policies reforms have continued to attract positive ratings.  The latest coming from Fitch, a global rating agency, which has reviewed Nigeria’s economic outlook to positive from stable. The credit rating upgrade implies that Nigeria is […]

The post Fitch Upgrades Nigeria’s Credit Outlook appeared first on The Glitters Online.

]]> 295572