S&P Raises Nigeria's Rating for First Time in 14 Years

S&P upgrades Nigeria’s credit rating to ‘B’, cites economic reforms

S&P Global Ratings upgrades Nigeria’s credit rating to ‘B’ from ‘B-‘, citing economic reforms, higher oil production, and FX market liberalization. Read More: https://punchng.com/sp-upgrades-nigerias-credit-rating-to-b-cites-economic-reforms/

S&P upgrades Nigeria's credit rating, FG reacts

"This latest upgrade by S&P follows similar positive rating actions in 2025 by Fitch Ratings and Moody's Ratings," Mr Oyedele wrote.

S&P Raises Nigeria's Rating for First Time in 14 Years

S&P Upgrade Of Nigeria To ‘B’ Validates Tinubu's Reform Programme

Nigeria has secured a sovereign credit rating upgrade from S&P Global Ratings, with the agency lifting the country’s long-term foreign currency rating from ‘B-’ to ‘B’ and assigning a Stable Outlook. The action, announced Friday, completes a sweep of positive rating revisions from all three major global credit agencies within a span of roughly twelve months. Finance Minister and Coordinating Minister of the Economy, Taiwo Oyedele, confirmed the …

S&P Global Ratings Upgrade Affirms Nigeria’s Reform Gains, Says FG

Nigeria’s economic reform efforts received a major endorsement on Friday as the Federal Government welcomed the upgrade of the country’s sovereign credit rating by S&P Global Ratings, describing it as clear evidence that ongoing policy changes are yielding tangible results. In a statement, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, said the upgrade from ‘B-’ to ‘B’ with a stable outlook reflects growing inte…

S&P Upgrades Nigeria’s Credit Rating First Time Since 2012

By Adedapo Adesanya Nigeria received its first credit rating upgrade since 2012 from S&P Global Ratings, driven by improved oil market conditions and the country’s growing ability to refine and export crude locally. The credit ratings agency upgraded the country’s rating by one notch to B, five levels below investment grade, according to a statement […]