Fitch Ratings has recalibrated its Nigeria National Rating scale to reflect changes in the relative creditworthiness among Nigerian issuers following Fitch’s upgrade of Nigeria’s sovereign Long-Term Local-Currency Issuer Default Rating (IDR) to ‘B’ from ‘B-’/ Positive in April. The ratings agency said the recalibration may result in rating revisions for some issuers with Nigerian national … Continue reading Fitch Ratings Adjusts Nigeria’s National Rating Scale