by Bukola Idowu, Ahead of today's (Thursday June 15, 2017) road-show for Nigeria's $300 million Diaspora Bond, international rating agency, Fitch Ratings has assigned Nigeria's upcoming dollar denominated senior unsecured bonds a rating of 'B+(EXP)'. The rating agency yesterday said it assigned the rating after the receipt of final documents materially conforming to information already reviewed. It said in a statement that the rating is in line with Nigeria's Long-Term Foreign-Currency Issuer Default Rating (IDR) of 'B+'. The rating agency had issued a negative outlook on the IDR of the country. According to Fitch, the rating is sensitive to changes in Nigeria's Long-Term Foreign-Currency IDR. On 24 January 2017, Fitch affirmed Nigeria's Long-Term Foreign-Currency IDR at 'B+' and revised the Outlook to Negative. The Long-Term Local-Currency IDR was also affirmed at 'B+' with a Negative Outlook.