Global credit ratings agency, Standards and Poor (S&P) has affirmed Nigeria’s short-term foreign and local currency sovereign credit worthiness at ‘B-/B’ and Nigeria’s long- and short-term national scale ratings at ‘ngBBB+/ngA-2’. The firm noted that the outlook is stable. However, the firm stated that the challenge for President Tinubu’s administration remains managing the effects of inflation and currency depreciation. According Read More
The post S&P affirms Nigeria’s sovereign credit outlook stable appeared first on Blueprint Newspapers Limited.
