Moody’s, a US-based rating agency, has revised its outlook for Nigeria from stable to positive. A credit rating is a measure of how likely a company or government entity can
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Standard and Poor’s (S&P), a international rating agency, has revised its outlook on Nigeria from stable to negative. The agency, however, affirmed the nation’s B-/B long- and short-term foreign and
Zainab Ahmed, minister of finance, budget and national planning, says she is shocked by the recent downgrade of Nigeria’s credit rating by Moody’s Investors Service, a US-based rating agency. Last
Nigeria’s government bonds were dumped at its fastest pace in three months on Monday, following Moody’s downgrade of the country’s credit rating. The extra yield investors demand to hold Nigeria’s
Akinwumi Adesina, president of African Development Bank (AfDB) Group, says the bank’s AAA rating by Moody’s is a validation of
Moody’s, a credit rating and research agency, has projected that the earnings of Nigerian banks in 2018 will decline. In
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