Moody Raises Lending Risk Concern As Afreximbank Faces Second Downgrade
The African Export-Import Bank (Afreximbank) has been dealt a fresh blow as Moody’s Investors Service issued a…
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Moody’s Investors Service
SEC Fines Fitch Ratings, Moody’s Investor Services, Four Others For Compliance…
The US Securities and Exchange Commission has fined six major credit rating organizations a total of $49m for…
IMF Proposes Strategies To Tackle Fiscal Deficit, Seeks Safeguards To Protect Poor…
WASHINGTON D.C: The International Monetary Fund on Wednesday called on all countries to closely align their fiscal…
FG Borrows Additional N3.77trn From CBN As Credit Hits N28.43trn
The Nigerian Government has borrowed an additional N3.77trn from the Central Bank of Nigeria as of February 2023. …
FG Woos Bond Investors With Higher Interest Rates Amid Moody’s Downgrade
The Debt Management Office (DMO) has increased the rates on FGN Savings Bond, a move to attract domestic investors…
Nigeria Spent 41% Of 2022 Revenue On Debt Service — Finance Minister
The federal government spent 41 per cent of the revenue generated in 2022 to service its N44.06trn debt, the…
FG’s High Debt Exposure Forces US-Based Rating Agency To Downgrade UBA,…
The debt exposure of the Federal Government has forced Moody's Investors to downgrade the rating of nine Nigerian…
FG’s N22trn Ways And Means Borrowing From CBN Forces Moody’s To…
Nigeria's debt rating has been downgraded by United States-based Moody's investors over the…
Nigerian Banks Becoming Vulnerable To High Credit Risk- Moody’s
Moody's has released credit ratings for the Nigerian banking sector with banks trapped in the vulnerability of…
No Need For Investors To Panic Over First Bank Crisis-Chapel Hills
Chapel Hills Denham is dismissing unnecessary panic that will further weaken investors' sentiment for …