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Fitch Affirms Nigeria’s Rating at B- Amid Declining Capital Inflows

Fitch Ratings

By Modupe Gbadeyanka The long-term foreign-currency issuer default rating of Nigeria has been affirmed at B- by a global rating agency, Fitch Ratings. The company said in a statement last week that it gave the affirmation despite short-term challenges like the exchange rate volatility, and the decline in capital inflows in recent quarters amid high […]

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