Credit rating agency Moody’s has upgraded Ecobank Transnational Incorporated’s (ETI) outlook from “negative” to “stable”.
Global credit rating agency, Moody’s, has downgraded the long-term issuer and senior unsecured ratings of the African Export-Import Bank (Afreximbank) from Baa1 to Baa2, while revising the outlook from negative to stable.
Global credit ratings agency Moody’s has upgraded Nigeria’s sovereign rating from Caa1 to B3, highlighting substantial progress in the nation’s external and fiscal positions.
Global ratings agency, Moody’s has stated that Nigeria’s interest spending on debt might consume up to 36% of the federal government’s revenue in 2024.
Global Ratings agency, Moody’s Investors Service has kept Nigeria’s long-term foreign currency and local currency issuer ratings unchanged at Caa1 while maintaining a positive outlook same as its last review in December 2023.
Adesina says the AAA rating from Moody's validates the bank's strength in prudent financial and strong governance systems.
A report by Moody has argued that commercial banks might soon lose their services to the increasing number of FinTech firms in the sector.
FSDH, CSL Stockbrokers, and Moody’s argue the Central Bank of Nigeria's (CBN) new Standing Deposit Facility (SDF) policy.
International rating agency, Moody's said Nigeria's credit profile currently at B2 stable is constrained by the sovereign balance sheet's
Nigerian oil exploration companies may benefit from the sustained rally in crude oil prices.
Credit rating agency, Moody’s Investors Service, has stressed the need for the government to improve its ability to generate revenue.
Rating Agency, Moody’s had projected a stable outlook for Nigerian Banks. This was contained in a report titled...
