Nigerian investors jittery as Fitch withdraws rating from Dangote Industries

Fitch Ratings, a global provider of credit ratings, has paused monitoring Dangote Industries. The firm recently announced its decision to stop rating for Dangote Refinery after seeing the Nigerian conglomerate under negative watch due to refinancing bottlenecks. Fitch had stressed that the decision was made for commercial reasons. However, in its last report, the agency [...]Nigerian investors jittery as Fitch withdraws rating from Dangote Industries

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