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Fitch Rates Cross River, Oyo States ‘B’, Stable Outlook

Fitch Ratings has affirmed the Long Term Issuer Default Ratings (IDRs) of Cross River and Oyo states at ‘B’ with Stable Outlooks, citing resilient financial profiles supported by Nigeria’s ongoing fiscal reforms despite persistent fiscal and macroeconomic challenges. The agency said the ratings reflect improved…

July 20, 2026 Nigeria Leadership

Fitch Ratings has affirmed the Long Term Issuer Default Ratings (IDRs) of Cross River and Oyo states at ‘B’ with Stable Outlooks, citing resilient financial profiles supported by Nigeria’s ongoing fiscal reforms despite persistent fiscal and macroeconomic challenges. The agency said the ratings reflect improved…

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