Tag: $38 per barrel

Fitch: Nigeria’s Oil Response Has Downside Fiscal, Growth Risks

February 4, 2016/Fitch Ratings statement Fitch Ratings-London-04 February 2016: The Nigerian authorities’ recent economic policy announcements show the response to the oil price shock is coalescing around state-led development to boost economic growth and import substitution to blunt the effects of declining oil receipts, Fitch Ratings says. It is yet […]