S&P lowers Nigeria's credit outlook

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Standard&Poors Reuters The Standard & Poor's building is seen in New York. Picture: Jessica Rinaldi

Standard & Poor's revised its outlook on Nigeria's sovereign credit to negative from creditwatch negative, citing continued infighting within the country's ruling party which has heightened political and institutional risks.

S&P affirmed its 'BB-' long-term sovereign credit rating on Nigeria. - Reuters

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