![](https://guardian.ng/wp-content/uploads/2024/08/fitch-ratings-nang-xep-hang-tin-nhiem-cua-viet-nam-17038368058851847783498-17-0-430-660-crop-17038369196511469192759.png)
Fitch Ratings lowers Dangote Industries' debt rating amid liquidity concerns
Fitch Ratings, an American credit rating agency, has downgraded the National Long-Term Rating of Dangote Industries Limited (DIL) from ‘AA(nga)’ to ‘B+(nga)’, citing a notable deterioration in the conglomerate’s liquidity position. The downgrade also …