Moody’s turns positive on Nigeria as reserves strengthen, affirms B3 rating

Moody’s has revised Nigeria’s sovereign outlook to “positive” from “stable”, citing stronger foreign exchange reserves and better-than-expected economic growth as factors improving the country’s ability to withstand external shocks.

Read More: https://nairametrics.com/2026/08/29/moodys-turns-positive-on-nigeria-as-reserves-strengthen-affirms-b3-rating/