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Reasons behind the Fitch B+ rating for Nigeria

Nairametrics
Rating agency Fitch yesterday released a Sovereign Rating report on Nigeria. The agency maintained its Long-Term Foreign Currency Issuer Default Rating at B+. A sovereign is usually a national government. Sovereign credit ratings are focused on the risk of a sovereign government (Federal Government) defaulting on its debt obligations. On a scale of 0-16, the B+ […]
The post Reasons behind the Fitch B+ rating for Nigeria appeared first on Nairametrics .

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