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