Naira devaluation impacts Dangote Industries’ ratings – Fitch, GCR

Punchng | 07-08-2024 12:46pm |

The devaluation of the naira has been highlighted as a factor that will impact the ratings of Dangote Industries Limited. According to the international rating agency Fitch Ratings, on Monday, DIL’s national rating was reviewed downward to ‘B+(nga) from ‘AA(nga),’ and its ratings were placed on the Rating Watch Negative. Also, the senior unsecured debt Read More

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.