Fitch Ratings

Fitch rates Dangote Industries’ N300bn Series 1 bond ‘AA’ with stable outlook

BY AKINSOLA ADEDOLAPO Dangote Industries Limited (DIL) has received a Nigeria national long term rating ‘AA’(nga) with a stable outlook…

By businessamlive
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Fitch Ratings forecasts 1.5% current account deficit for Nigeria

As crude oil prices at the international market continue to surge on gradual reopening of economies globally and increasing compliance…

Turkey’s policy response insufficient to stabilize Lira, says Fitch

Turkey's ‘incomplete policy response’ to the recent tumble in the lira was unlikely on its own to stabilise the currency…

Global mining faces cloudy outlook on trade tensions, Says Fitch

The outlook for the mining sector has become more clouded in recent months due to trade tensions between the US…

Rising fuel prices may raise India auto-loan delinquencies as commercial vehicle operators pressured

Rising fuel prices could strain India's commercial vehicle operators and lead to a rise in auto-loan delinquencies, says Fitch Ratings,…

Electric vehicle battery growth supports cobalt, lithium demand

Wider hybrid and electric vehicle (EV) adoption should support demand for cobalt and lithium, Fitch Ratings and CRU, a privately…

Global oil prices to stay high, averaging $70 per barrel for the rest of 2018

Global oil prices will remain around $70 per barrel on the average, one of the world's leading rating agencies, Fitch…

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