Nigeria, Few Others Retain Positive Credit Outlook,Despite Tariffs -Fitch Ratings
Pressure from United States (U.S.) aid freezes and global trade tension is unlikely to result in widescale credit downgrades in Africa, Fitch Ratings said today, April 10. Nigeria was identified as among African nations that retain a positive credit outlook,which could even be increased, irrespective of ongoing American trade tensions and aid slashes. Fitch is a credit rating agency and one of the Big Three, alongside Moody's and Standard & Poor's. Fitch Ratings provides credit ratings for various entities including governments and corporations, to assess their creditworthiness. It weighs their creditworthiness to provide investors with insights into their ability to…












