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 affects the senior unsecured debt rating issued by Dangote Industries Funding Plc, which has been reduced from 'AA(nga)' to 'B+(nga)'. Dangote [] The post Fitch Ratings lowers Dangote Industries debt rating amid liquidity concerns
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