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Fitch affirms Nigeria at ‘BB-’/’BB’: outlook stable

By OMOH GABRIELBusiness Editor FITCH Ratings Agency on Friday   affirmed Nigeria’s long term  foreign and local currency Issuer Default Ratings (IDR) at ‘BB-’and BB’respectively stating that “the outlook is stable for Nigeria. At the same time, the rating agency affirmed the country’s short-term foreign currency IDR at ‘B’ and the country ceiling at ‘BB-.’