S&P lowers Nigeria's credit outlook

Comment on this story
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



sign up
 
 

Comment Guidelines



  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.