Afreximbank downgrade: Diaspora Nigerian warns against unproductive borrowing, urges economic diplomacy

Tribune Online
Afreximbank downgrade: Diaspora Nigerian warns against unproductive borrowing, urges economic diplomacy

THE recent downgrade of the African Export-Import Bank (Afreximbank) by global credit rating agency Fitch Ratings has raised alarms across financial and policy circles, prompting a strong caution from Collins Nweke, a diaspora Nigerian and former Green Councillor in Belgium. Fitch Ratings downgraded Afreximbank to a BBB rating—just one notch above junk status. This move, […]

Afreximbank downgrade: Diaspora Nigerian warns against unproductive borrowing, urges economic diplomacy
Tribune Online

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