Nigeria’s Economic Outlook Improves as S&P Global Ratings Upgrades Outlook to “Positive”
Nigeria's economic prospects are becoming more promising, thanks to the Central Bank of Nigeria's (CBN) efforts to stabilise the economy. CBN Governor Olayemi Cardoso has welcomed the decision by S&P Global Ratings to revise Nigeria's sovereign outlook to "positive" from "stable", describing it as a validation of the country's ongoing economic reforms. Speaking at a strategic session in Abuja, Cardoso noted that the CBN has made significant progress in stabilising the economy, making it a beacon of hope for investors and citizens alike. The upgrade is expected to boost investor confidence, attract foreign investment, and support long-term economic growth. Key…
