Fitch Ratings has downgraded Dangote Industries Ltd.’s creditworthiness, citing a “significant deterioration in the group’s liquidity position” among other factors. Fitch Ratings downgraded Dangote Industries Ltd.’s creditworthiness due to significant deterioration in liquidity position.Dangote Industries Ltd.’s National Long-Term Rating was downgraded from ‘AA(nga)’ to ‘B+(nga).Challenges include local currency devaluation, lack of contracted backup funding, and mismatch between USD-denominated debt and domestic revenuesFitch Ratings has downgraded Dangote Industries Ltd.’s creditworthiness, …