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Moody’s turns positive on Nigeria as reserves strengthen, affirms B3 rating

Moody’s has revised Nigeria’s sovereign outlook to “positive” from “stable”, citing stronger foreign exchange reserves and better-than-expected economic growth as factors improving

Olalekan AdigunAugust 29, 20261 min read
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Moody’s has revised Nigeria’s sovereign outlook to “positive” from “stable”, citing stronger foreign exchange reserves and better-than-expected economic growth as factors improving the country’s ability to withstand external shocks.

The post Moody’s turns positive on Nigeria as reserves strengthen, affirms B3 rating appeared first on Nairametrics.

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