Nigeria’s rating at risk as debt, financing gap rise-Fitch
June 24, 2020
ABUJA/LAGOS (Reuters) – A sharp rise in Nigeria’s sovereign debt and a ballooning financing gap could trigger a rating downgrade as policymakers in Africa’s biggest economy struggle to deal with the fallout from a coronavirus-induced oil price crash, a director at Fitch said. The global ratings agency downgraded Nigeria to “B” in April with a […]
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Source : African Media Agency (AMA)
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