Fitch Rating.

Amid the upgrade of Fidelity Bank’s issuer default rating from ‘B-’ to ‘B’ by Fitch, the shares of the bank have dipped during Thursday's trading session on the floor of the Nigerian Exchange Limited (NGX). The shares of the…

Dangote Refinery has concluded plans to raise $750 million through bonds to complete its refinery project in the Lekki, Lagos State, Fitch Ratings has said its company's overview and report. The 650,000 barrels per day (bpd)…

By ADEBISI ADEMOLA. Fitch Ratings has said in a new report that regulatory capital ratios for rated Nigerian banks are not under threat following the first-time application of International Financial Reporting Standard (IFRS) 9. Fitch in…