Fitch

Improving world trade buoying Nigeria, frontier emerging markets’ macro performance – Fitch

A strong global expansion, improving world trade and highly accommodative global financing conditions are helping frontier emerging markets' (EMs) macro…

US shale oil to drive crude prices below $60- Fitch

Fitch Ratings, said in a report Wednesday that the U.S.' rising shale oil production is expected to drive crude oil…

Electric vehicle growth could see oil demand peak by 2030 – Fitch

Electric Vehicle (EV) adoption is an increasing threat to oil demand, which could plausibly peak before 2030, Fitch Ratings says…

Nigerian banks’ market-based reporting of FC exposure may impair capital adequacy, says Fitch

Fitch Ratings has said that if Nigerian banks adopt a more market-based presentation of foreign-currency (FC) assets, liabilities and profit-and-loss…

Fitch sees bleak outlook for reinsurance on back of Q3 weather catastrophes, depressed prices

Fitch ratings has seen bleak future for reinsurance because of Hurricanes Harvey, Irma, Maria and a couple of earthquakes that…

Fitch cuts Nigeria’s 2017 economic growth forecast to 1% from 1.50%

Fitch, rating agency said on Friday that it has cut its 2017 economic growth forecast for Nigeria to 1 percent…

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