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Nigeria Economy gets Fitch Ratings at "B-"; Outlook Stable

Fitch Ratings has affirmed Nigeria's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B-' with a Stable Outlook. A full list of rating actions is at the end of this rating action commentary. Key Rating Drivers Fundamental Strengths and Weaknesses: Nigeria's rating is supported by a favourable public debt/GDP ratio, a large economy, a developed and | ....

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Fitch Affirms Korea Ocean Business Corporation at 'AA-'; Outlook Stable | Hellenic Shipping News Worldwide

Fitch Ratings has affirmed Korea Ocean Business Corporation’s (KOBC) Long-Term Foreign-and Local-Currency Issuer Default Ratings at ‘AA-‘ with a Stable Outlook. Fitch views KOBC as a government-related entity (GRE) and uses a top-down rating approach. This reflects a special statute, KOBC’s close operational and administrative linkage to the government and our expectation of a high . ....

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