Nigeria may have received positive international recognition from famous financial ratings firms, yet analysts are worried that its citizens are not living the good life expected of an economically progressive nation. OKECHUKWU NNODIM reports The recent BB-credit ratings given Nigeria by two renowned international ratings agencies, Fitch Ratings and Standard […]
Tag: Fitch Ratings
Rapid lending could weaken Nigerian banks – Fitch
Fitch Ratings, an international financial rating agency, has said that the recent rapid credit growth or lending by Nigerian banks may lead to weakened assets. Financial analysts also agreed with Fitch Ratings that there could be problems if Deposit Money Banks did not exercise restraint in giving out loans to […]
