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S&P says Nigeria faces a ratings gap too wide to close by 2029

Summary by Nairametrics
Nigeria’s ambition to regain investment-grade credit status by 2029 may be overly optimistic, as the country faces a significant ratings gap that could take longer than three years to bridge, according to S&P Global Ratings.
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2 Articles

Business Elites AfricaBusiness Elites Africa

S&P Casts Doubt on Nigeria's Investment Grade Goal

S&P Global Ratings has expressed skepticism regarding Nigeria's ambition to regain investment-grade sovereign credit status by 2029, citing deep-seated fiscal challenges.

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NairametricsNairametrics

S&P says Nigeria faces a ratings gap too wide to close by 2029

Nigeria’s ambition to regain investment-grade credit status by 2029 may be overly optimistic, as the country faces a significant ratings gap that could take longer than three years to bridge, according to S&P Global Ratings.

Read Full Article
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Nairametrics broke the news on Friday, November 13, 2026.
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