Fitch Ratings has withdrawn Nigeria’s Kaduna State’s Long-term foreign and local currency Issuer Default Ratings (IDRs) of ‘B+’, , and its National Long-term rating of ‘A+(nga)’, all with Stable Outlooks. KEY RATING DRIVERS Fitch has withdrawn the ratings as Kaduna State has chosen to stop participating in the rating process. Therefore, Fitch will no longer […]
Fitch Ratings has withdrawn Nigeria’s Kaduna State’s Long-term foreign and local currency Issuer Default Ratings (IDRs) of ‘B+’, , and its National Long-term rating of ‘A+(nga)’, all with Stable Outlooks. KEY RATING DRIVERS Fitch has withdrawn the ratings as Kaduna State has chosen to stop participating in the rating process.
Therefore, Fitch will no longer have sufficient information to maintain the ratings. Accordingly, Fitch will no longer provide ratings or analytical coverage for Kaduna State.
Fitch Rating touts itself as a leading provider of credit ratings, commentary and research.
It says it is dedicated to providing value beyond the rating through independent and prospective credit opinions,
Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise.
The additional context, perspective and insights we provide has helped investors fund a century of growth and make important credit judgments with confidence.
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