Post by Proshare (@Proshare)

S&P Global Ratings upgraded Nigeria's long-term sovereign credit ratings to 'B' from 'B-' on May 15, 2026, the country's first S&P upgrade since 2012, with a stable outlook. The action completes a multi-agency consensus following Fitch and Moody's 2025 upgrades and cites three years of sustained reform, the 2023 FX liberalisation, higher oil production, the Dangote Refinery's full-capacity operation, and an improving fiscal trajectory.

Read the full review: https://proshare.co/articles/nigerias-first-sp-upgrade-since-2012-the-quiet-strengths-behind-the-scores?menu=Economy&classification=Read&category=Reviews

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