Fitch Revises Nigeria’s Outlook to Positive on Monetary, Exchange Rate Reforms

Fitch revises Nigeria’s outlook to positive on monetary, exchange rate reforms

“The outlook revision reflects ongoing reform of the policy framework and Fitch's increased confidence that momentum will not be disrupted by upcoming elections,” Fitch said.

Fitch Upgrades Nigeria’s Credit Outlook To Positive, Affirms ‘B’ Rating - TV360 Nigeria

Agency cites rising foreign reserves, naira stability and economic reforms but warns that weak revenue, inflation and policy risks remain concerns…… Fitch Ratings has revised Nigeria’s long-term credit outlook from stable to positive, citing progress in economic reforms, stronger foreign exchange reserves and growing confidence that the current policy direction will be maintained ahead of …

Fitch Revises Nigeria’s Economic Outlook To Positive, Cites Tinubu’s Reforms

The international credit rating agency, Fitch Ratings, has revised Nigeria’s economic outlook from Stable to Positive, citing ongoing economic reforms, stronger foreign exchange reserves, declining inflationary pressures and improved external buffers. However, the agency affirmed Nigeria’s Long-Term Issuer Default Ratings at ‘B’, indicating that the country’s credit rating remains unchanged despite the improved outlook. The […] Fitch Revises Nig…

Fitch revises Nigeria’s credit outlook to positive, affirms ‘B’ rating

Fitch Ratings has revised Nigeria’s credit outlook to Positive from Stable while affirming its long-term issuer default ratings at ‘B’.

Fitch Revises Nigeria’s Economic Outlook to Positive, Affirms ‘B’ Rating

Fitch Ratings has revised Nigeria’s economic outlook from stable to positive while affirming the country’s long-term credit rating at ‘B’, citing ongoing economic reforms, rising foreign exchange reserves and easing inflation. The Federal Government disclosed this in a statement by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Saturday, October […]

Federal Government Welcomes Fitch's Positive Outlook, Eyes Investment Grade

The federal government has said Fitch Ratings’ decision to revise Nigeria’s outlook to Positive validates the reforms of the President Bola Tinubu administration, adding that its medium-term goal is to place the country on the path to investment grade. The minister of finance and coordinating minister of the economy, Taiwo Oyedele, said who made this […]