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Moody's Shifts to Positive Outlook on Nigeria, Affirms B3 Rating
Moody's has moved to a positive outlook on Nigeria while affirming its B3 sovereign rating, citing strengthening foreign reserves. The shift is expected to boost investor confidence and lower the cost of capital for Nigerian startups and infrastructure transactions.
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- Moody’s turns positive on Nigeria as reserves strengthen, affirms B3 rating · nairametrics.com · T2