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Mr Oyedele said Fitch attributed the improved outlook to greater naira flexibility, among others.
The International credit rating agency, Fitch Ratings has revised Nigeria’s credit outlook from Stable to Positive, citing sustained economic reforms, stronger foreign exchange reserves and easing inflationary pressures. The Federal Ministry of Finance disclosed this in a statement issued in Abuja on Saturday,…
Fitch Ratings has revised Nigeria’s credit outlook to Positive from Stable while affirming its long-term issuer default ratings at ‘B’.