Despite Fitch Ratings according Nigeria a B+ rating, mainly based on currency repatriation from Nigerians in diaspora, it says the country still records negative outlook on...
Nigeria’s ranking by the international rating agency, Fitch has suffered a downgrade. The agency, which usually classifies the country under the code-name: Lagos State, has in its current Long-Term Local Currency (LTLC) Issuer Default Rating (IDR) reduced its ‘BB-‘ grade,...