RISING DEBT: Nigeria, others face fresh rating downgrade, says Fitch
•As Debt-to-GDP ratio rises to 71% in 2020 By Peter Egwuatu & Elizabeth Adegbesan Fitch, world’s leading risk rating agency, has hinted that the median of government debt-to-gross Domestic Product, GDP, ratio for Nigeria and 18 other Sub-Sahara African Countries it rated in the region would rise to 71% by end-2020 from 26% in 2012, […]
