Tag: Fitch
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Dollar to exchange for N1,993 by 2028 — Fitch
Dollar to exchange for N1,993 by 2028 — Fitch Fitch Solutions, a financial intelligence service provider, has predicted that the Naira would depreciate to N1,993 per USdollar by 2028. A report by the company’s subsidiary, BMI Research, further said despite expected rebound in the economy, Nigeria’s medical devices market will continue to face operational and demand headwinds over…
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PDP, LP Knock Fitch’s Projection on Tinubu winning 2023 election, Say Report Unrealistic
The Atiku/Okowa Presidential Campaign Organisation of the Peoples Democratic Party (PDP) and the Labour Party (LP), yesterday dismissed the Fitch Solutions Country Risk and Industry Research report released on Thursday, which predicted victory for the presidential candidate of the All Progressives Congress (APC), Senator Bola Ahmed Tinubu, in the 2023 presidential election, describing the report…
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Fitch, a leading global rating company tipped Tinubu to win 2023 presidential poll
Presidential candidate of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu, has been tipped to win Nigeria’s 2023 election. The prediction was contained in a report by Fitch, a leading global rating company in the world. Fitch in the report maintained that “Tinubu is the candidate most likely to win the presidential election as…
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Interest rate increase may not reduce Nigeria’s inflation — Fitch
The decision by the Central Bank of Nigeria to raise the main policy interest rate sharply in May is not a fundamental shift in the country’s unorthodox monetary policy, which will continue to impede efforts to rein in inflation, says Fitch Ratings. “We believe Nigeria’s complex policy approach will be maintained at least until the…