Sponsored
Business

Afreximbank Announces Termination Of Its Credit Rating Relationship With Fitch

Sponsored
Sponsored

African Export-Import Bank (Afreximbank) has officially terminated its credit rating relationship with Fitch Ratings.

This decision follows a review of the relationship, and its firm belief that the credit rating exercise no longer reflects a good understanding of the Bank’s Establishment Agreement, its mission and its mandate.

Afreximbank’s business profile remains robust, underpinned by strong shareholder relationships and the legal protections embedded in its Establishment Agreement, signed and ratified by its member states.

Sponsored
Alinnor Arinze

Recent Posts

Comrade Dauda Joins Residents As Ikeja Hosts Celebrity Boxing Promotion

The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda (AKOD), on Wednesday joined…

1 hour ago

Buruj Academy Duo Raheem & Fawas Set For Italy, UK, Netherlands Tour

Golden Eaglets stars, Raheem Moyinoluwa Salaudeen and Fawas Ayomide Adeleke, are set to resume preparations…

2 hours ago

BOI & NBCC Sign MoU To Deepen Bilateral Trade, Industrial Growth And Investment

The Bank of Industry (BoI), Nigeria's foremost Development Finance Institution (DFI), has signed a landmark…

2 hours ago

United Nigeria Airlines’ Unity Rewards, Boulevard Hotels Partner To Offer 25% Discount & Flexible Check-In

United Nigeria Airlines has announced a new partnership between its loyalty programme, Unity Rewards and…

4 hours ago

2027: Yoruba Leader Urges Tinubu to Pick Hausa/Fulani Running Mate, Zone Senate Presidency to South-East

A prominent Yoruba leader and public affairs commentator, Dr. Oyedele Oyewumi, has called on President…

4 hours ago

Renewed Hope Arrives Oyo With N1.37tn Roads Projects (4)

BY FEMI AREMU  The approval of eight major federal road projects worth a combined N1.1375…

7 hours ago
Sponsored