Fitch Revises Nigeria’s Outlook to Negative; Affirms at ‘B+’

Fitch Ratings-Hong Kong-25 January 2017: Fitch Ratings has revised the Outlook on Nigeria’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to Negative from Stable and affirmed the IDRs at ‘B+’. The issue ratings on Nigeria’s senior unsecured foreign currency bonds have also been affirmed at ‘B+’. The Country Ceiling has been affirmed at ...