Fitch Affirms FBN Holdings Ratings


International rating agency, Fitch Ratings, has affirmed the Long-Term Issuer Default Ratings (IDRs) of FBN Holdings Plc (FBNH) and First Bank of Nigeria Ltd (FBN) at ‘B-‘ with a negative outlook in view of the impact of the recent changes made to the boards of both firms by the Central Bank of Nigeria. Fitch said […]

Source: Leadership Newspaper