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Tag "Moody"

Oil price will ‘remain between $40-$60’ despite OPEC cut

    Oil price will ‘remain between $40-$60’ despite OPEC cut

Moody’s, US-based ratings agency, says crude oil prices will remain within the range of $40 to $60 despite the extension of the supply cuts agreed on by the Organisation of

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2016 budget suffers setback as Fitch downgrades Nigeria, puts GDP growth at 1.5%

    2016 budget suffers setback as Fitch downgrades Nigeria, puts GDP growth at 1.5%

Fitch, Moody, S&P, the biggest credit rating firms in the world, have all downgraded Nigeria’s credit ratings, making it all the more difficult to fund the 2016 budget. In March,

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