Fitch affirms Nigeria’s ‘B’ rating amid high inflation  

Fitch Ratings has affirmed Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B’ with a Stable Outlook, citing improved foreign exchange liquidity and ongoing monetary and fiscal reforms, while warning that weak governance and high inflation remain key credit challenges. 

The post Fitch affirms Nigeria’s ‘B’ rating amid high inflation   appeared first on Nairametrics.

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