Moody’s upgrades Nigeria’s rating to ‘B3’, citing fiscal reforms

Tribune Online
Moody’s upgrades Nigeria’s rating to ‘B3’, citing fiscal reforms

Credit ratings agency, Moody’s Ratings has upgraded Nigeria’s long-term foreign currency and local currency issuer ratings to “B3” from “Caa1”, citing significant improvements in the country’s external and fiscal positions. Also, the ratings agency in its latest publication revised the country’s outlook to “stable” from “positive”, as it expects recent progress on external and fiscal […]

Moody’s upgrades Nigeria’s rating to ‘B3’, citing fiscal reforms
Tribune Online