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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.
CHIDI UGWU Fitch Ratings has revised Nigeria’s economic outlook to Positive from Stable, citing sustained economic reforms, rising foreign exchange reserves, moderating inflation and improved external buffers, while affirming the country’s credit rating at ‘B’. The Federal Government, in a statement issued on Saturday…
Fitch Ratings has revised Nigeria’s economic outlook from stable to positive while affirming the country’s long-term credit rating at ‘B’, citing ongoing economic reforms, rising foreign exchange reserves and easing inflation.