Nigeria's credit rating outlook upgraded to positive by Fitch Ratings due to President Bola Tinubu's reform progress.
Nigeria's credit rating outlook has been upgraded to positive by Fitch Ratings, following the reform progress since President Bola Tinubu took office. The positive outlook reflects efforts to restore macroeconomic stability, enhance policy coherence and credibility, and adjust exchange rate and monetary policy frameworks. Fitch affirmed Nigeria's long-term foreign-currency issuer default rating at B-.
May 03, 2024
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