Here’s what Fitch, Moody’s negative outlook means for Nigeria

December 20, 2019

Minister of Finance, Budget and National Planning, Zainab Shamsuna Ahmed

Barely two weeks after New-York based rating agency, Moody’s, downgraded its outlook for the Nigerian economy, Fitch Rating on Thursday did same, with both forecasting a gloomy outlook for 2020. The US-based rating agency revised its outlook for the Nigerian economy to negative and affirmed the

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