
Fitch upgrades ratings of Lagos, Kaduna, others to ‘B’, citing improved macroeconomic stability
By Seun Ibiyemi Fitch Ratings has upgraded the Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) of Lagos, Kaduna, Kogi, and Oyo states from ‘B-’ to ‘B’, with a Stable outlook for all four states. The decision, announced on the…