S&P Upgrades Nigeria to ‘B’ as Tinubu’s Three-Year Reform Drive Pays Off
Global ratings agency S&P Global Ratings has lifted Nigeria’s long-term credit rating to ‘B’ from ‘B-‘, citing tangible gains from President Bola Tinubu’s structural reforms and a dramatically improved economic trajectory. The Upgrade Drivers S&P pointed to three years of sustained reforms, particularly the 2023 foreign exchange market liberalization that […]