Tag: OUTLOOK

Fitch Downgrades Lagos Outlook To Negative

Filed in Business by on April 9, 2015
Fitch Downgrades Lagos Outlook To Negative

Global rating agency, Fitch Ratings, says it has downgraded the outlook of Lagos State’s long-term foreign currency issuer default rating to negative from stable. The decision, the credit rating agency said, followed the recent downgrade of Nigeria’s outlook, adding that Lagos State, as the issuer, was rated at the same level as the sovereign for […]

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FITCH AFFIRMS NIGERIA AT ‘BB-’, OUTLOOK IS STABLE

Filed in Business by on October 20, 2012 0 Comments
FITCH AFFIRMS NIGERIA AT ‘BB-’, OUTLOOK IS STABLE

Fitch affirms Nigeria at ‘BB-’, outlook is stable On October 20, 2012 Fitch Ratings has affirmed Nigeria’s Long-term foreign and local currency Issuer Default Ratings (IDR) at ‘BB-’ and ‘BB’ respectively with a Stable Outlook. The agency has also affirmed Nigeria’s Short-term foreign currency IDR at ‘B’. The Country Ceiling has been affirmed at ‘BB-’. […]

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FITCH PREDICTS STABLE OUTLOOK FOR INDIAN IT SECTOR

Filed in News by on February 6, 2012 0 Comments
FITCH PREDICTS STABLE OUTLOOK FOR INDIAN IT SECTOR

Fitch predicts stable outlook for Indian IT sector February 6, 2012 by Agency Reporter Leave a Comment Fitch Ratings has said that despite an expected moderation in revenue growth in 2012 from 2011 levels, the outlook for the Indian Information Technology services sector is stable on the back of its strong liquidity position, cellular-news reported […]

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EXPERTS PROJECT GLOOMY OUTLOOK FOR NIGERIA OIL INDUSTRY

Filed in ENERGY by on January 25, 2012 0 Comments
EXPERTS PROJECT GLOOMY OUTLOOK FOR NIGERIA OIL INDUSTRY

Experts project gloomy outlook for Nigeria oil industry Wednesday, 25 January 2012 00:00 By Obiora Aduba A GLOOMY outlook has been forecast for Nigeria’s oil and gas sector in the nearest future, following projections of a continued decline for the industry’s operations, due to a drastic drop in the oil exploration and production activities. The […]

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2012 ECONOMIC OUTLOOK: UNCERTAINTY ABOUT GROWTH, DEBTS

Filed in Business by on January 11, 2012 0 Comments
2012 ECONOMIC OUTLOOK: UNCERTAINTY ABOUT GROWTH, DEBTS

2012 economic outlook: Uncertainty about growth, debts Wednesday, 11 January 2012 00:00 By Femi Adekoya GOING by the events of 2011, experts in the nation’s financial industry have noted that the business landscape in 2012 looks grim and challenging. Some key policies and events in critical sectors of the economy such as the banking, telecommunications, […]

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