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Fitch has revised Nigeria’s Long-Term Issuer Default Ratings outlook from Stable to Positive, citing the success of the sustained economic reforms and rising foreign exchange reserves.
Fitch praises Nigeria's strengthening foreign exchange reserves but highlights the burden of inflation and weak public revenue.
Fitch Ratings has revised Nigeria s Long Term Issuer Default Ratings IDRs outlook from Stable to Positive while affirming the rating at B The global ratings agency announced its latest stance