Fitch Report on Nigeria

Fitch Retains Nigeria’s Credit Rating At B-, Predicts Inflation At Below 21%

Highlighting Nigeria’s major strengths as large economy, developed and liquid domestic debt market, and large oil and gas reserves, the global rating agency, Fitch, has affirmed the country’s long-term foreign-currency issuer default

Fitch’s Currency Swap Estimate Rocks Nigeria’s Reserves

Fitch Ratings has shone a spotlight on Nigeria’s currency swaps, estimating them to be worth between $10 billion and $12 billion as of the end of 2022, raising concerns about the country’s

Nigerians Rush For Dollar, Push UP USD Rate Amid Naira Scarcity

The Naira lost some value against the United States Dollar (USD) in official and black markets, on Thursday, 16 February 2023. The FMDQ Exchange, which tracks official exchange rates, reports that the

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Fitch Retains Nigeria’s Credit Rating At B-, Predicts Inflation At Below 21%

Fitch’s Currency Swap Estimate Rocks Nigeria’s Reserves

Nigerians Rush For Dollar, Push UP USD Rate Amid Naira Scarcity

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