CBN’s reforms and S&P global rating for Nigeria

By Michael Nwadike Citing improved foreign exchange liquidity, stronger fiscal revenues, and rising external reserves, global ratings agency S&P Global Ratings recently upgraded Nigeria’s long-term foreign and local currency credit ratings to ‘B’ from ‘B-’. It acknowledged that improvement in Nigeria’s credit profile reflected gains from three years of structural reforms, particularly the FX liberalisation programmes […] The post CBN’s reforms and S&P global rating for Nigeria appeared first on Vanguard News .

Original source: Vanguard Nigeria