Nigeria's Credit Rating Rises After Fiscal, FX Reforms
Nigeria's credit rating has been upgraded by S&P Global, a move attributed to the country's recent fiscal and foreign exchange reforms. These reforms by the Central Bank of Nigeria are seen as improving the nation's economic outlook.
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Fiscal, FX reforms push Nigeria’s credit rating higher
S&P Global Ratings has upgraded Nigeria’s credit rating from ‘B-‘ to ‘B’, citing successful fiscal and FX reforms that have boosted investor confidence. Read More: https://punchng.com/fiscal-fx-reforms-push-nigerias-credit-rating-higher/
By Punch Newspapers
Read full article →CBN’s reforms and S&P global rating for Nigeria
By Michael Nwadike Citing improved foreign exchange liquidity, stronger fiscal revenues, and rising external reserves, global ratings agency S&P Global Ratings recently upgraded Nigeria’s long-term foreign and local currency credit ratings to ‘B’ from ‘B-’. It acknowledged that improvement in Nigeria’s credit profile reflected gains from three years of structural reforms, particularly the FX liberalisation programmes […] The post CBN’s reforms and S&P global rating for Nigeria appeared first ...
By Emmanuel Okogba
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