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Fitch Affirms FBN Holdings and FirstBank at ”B-”; Outlook Negative

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      Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDR) of FBN Holdings Plc (FBNH) and First Bank of Nigeria Ltd (FBN). The Outlooks are Negative. The banks’ Viability Ratings (VR) have been affirmed at ‘b-‘ and the Support Ratings at ‘5’. The Long-Term National Ratings have been affirmed at ‘BB+(nga)’. A ...

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