Fitch Ratings has withdrawn Nigeria’s Kaduna State’s Long-term foreign and local currency Issuer Default Ratings (IDRs) of ‘B+’, , and its National Long-term rating of ‘A+(nga)’, all with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 KEY RATING DRIVERS Fitch has withdrawn the ratings as Kaduna State has chosen to stop participating in the rating process.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.
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