Markets Coverage

Fitch downgraded 3 Nigerian banks, Zenith Bank, GT bank, & UBA Group & placed 10 banks on negative watch, saying the sector will: --Face pressure from the oil price crash --Possible further devaluation of the naira --Economic impact of COVID-19

Fitch downgraded 3 Nigerian banks, Zenith Bank, GT bank, & UBA Group & placed 10 banks on negative watch, saying the sector will: --Face pressure from the oil price crash --Possible further devaluation of the naira --Economic impact of COVID-19
Frontier Africa Reports By Frontier Africa Reports • March 27, 2020 at 12:44 PM GMT+1