Moody’s upgrades Nigeria’s outlook to “positive” on stronger external buffers
Global credit ratings agencyMoody’shas revised its outlook for Nigeria upwards to “positive” from stable in response to the country’s improved external position, especially its foreign exchange reserves. The reserves have recorded robust growth lately from buffers that are making the economy increas...
Sentiment: Positive (
0.80
)
Bias: Neutral
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Verified on Aug 29, 2026