Climate risks threaten Nigerian banks’ credit quality, Fitch warns

Nigerian banks’ exposure to the country’s oil, gas and agriculture sectors could weigh on their credit quality in the coming decades as climate-related risks intensify, Fitch Ratings has warned. In its latest report, African Banks Have Structural Exposure to Climate

Abigail Ikhaghu

Latest news today on Fitch Ratings

Climate risks threaten Nigerian banks’ credit quality, Fitch warns

CBN FX and monetary reforms continue to strengthen Nigeria’s macroeconomic credibility amid S&P B’ ratings

Nigeria’s external reserves may fall to $47 billion, Fitch projects

Debate on African multilateral ratings presents opportunities

Fitch’s ratings downgrade hinged on erroneous views, says Afreximbank

Restoring confidence in Nigeria's economy via policy reforms

Fitch downgrades 2025 outlook for global auto sector

CBN FX reforms necessary for foreign investments — Fitch

Fitch foresees upgrade of Ecobank’s national ratings as exchange-rate volatility recedes

Fitch upgrades BoI’s national rating to ‘AAA(Nga)’

Lagos economy not impacted despite Visionscape’s defaulted debt, says Fitch

Lagos ratings not affected by Visionscape missed payments , says Fitch Ratings

Fitch affirms bank’s ratings, outlook stable

Fitch upgrades Access Bank’s national rating to ‘A+

Fitch affirms Nigerian banks’ profitability

Fitch downgrades Nigeria’s rating to negative

Fitch affirms BoI’s sovereign rating

Fitch reaffirms Stanbic IBTC’s triple A rating

Faltering sovereign credit rating hits Nigerian banks

NASS Seeks States' Approval for State Police, LG Autonomy, Other Constitution Reforms

2027 Election: Media guilty of marginalising women, youths in politics, says Adelaja

Kaduna: Uba Sani redeems pledge to innovators

Security Operatives rescue two abductees, kill four bandits in Kaduna

The News You Need, Delivered To You.