Fitch Ratings Nigeria Outlook Improvement

The Nigerian federal government aims for investment-grade status following positive ratings from Fitch, S&P, and Moody's. Finance Minister Taiwo Oyedele highlighted reforms under the Tinubu administration that support this goal, including subsidy removal and exchange rate unifica

Fitch Ratings has revised Nigeria's Long-Term Issuer Default Ratings outlook from Stable to Positive, affirming the rating at 'B'. This change reflects ongoing policy reforms and confidence in economic stability ahead of the 2027 elections.

Fitch Ratings has upgraded Nigeria's outlook to positive and affirmed its 'B' rating, citing improved foreign exchange reserves and economic reforms. The government aims for an investment-grade rating through ongoing reforms under President Bola Ahmed Tinubu.