April18, 2025/IMF The Nigerian authorities have taken important steps to stabilize the economy, enhance resilience, and support growth. These reforms have put Nigeria in a better position to navigate the external environment. The macroeconomic outlook is marked by significant uncertainty. Elevated global risk sentiment and lower oil prices impact the […]
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Fitch Upgrades Sovereign Credit Rating on Rising Confidence in Policy Reforms; Current Account Surplus Rises to 9.2% of GDP in 2024
April 14, 2025/CSL Research Global credit rating agency Fitch has upgraded Nigeria’s long-term foreign currency issuer default rating from “B-” to “B” and revised the outlook from positive to stable. The upgrade reflects growing confidence in the government’s commitment to comprehensive policy reforms. Notable among these are the liberalisation of […]
Fitch Upgrades Sovereign Credit Rating on Rising Confidence in Policy Reforms
Current account surplus rises to 9.2% of GDP in 2024 April 14, 2025/CSL Research Global credit rating agency Fitch has upgraded Nigeria’s long-term foreign currency issuer default rating from “B-” to “B” and revised the outlook from positive to stable. The upgrade reflects growing confidence in the government’s commitment to […]
