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CBN’s reforms trigger S&P global ratings’ upgrade for Nigeria | Collector
CBN’s reforms trigger S&P global ratings’ upgrade for Nigeria
Nigerian Tribune

CBN’s reforms trigger S&P global ratings’ upgrade for Nigeria

CITING improved foreign exchange liquidity, stronger fiscal revenues, and rising external reserves, global ratings agency S&P Global Ratings recently upgraded Nigeria’s long-term foreign and local currency credit ratings to ‘B’ from ‘B-’. It acknowledged that improvement in Nigeria’s credit profile reflected gains from three years of structural reforms, particularly the FX liberalisation programmes driven by […] The post CBN’s reforms trigger S&P global ratings’ upgrade for Nigeria appeared first on Tribune Online .

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