Tag: Moody’s Investors Service

"The outlook revision reflects our view that Nigeria's debt servicing capacity has weakened due to high fiscal deficits and increased ...

The downgrade of the nine lenders also affected their issuer ratings and the senior unsecured debt ratings.

Last October, the ratings agency downgraded Nigeria's local currency and foreign currency long-term issuer ratings

The lender reported N420.2 billion in interest income, equivalent to an improvement of 22.3 per cent relative to a year ...

The credit rating agency says its decision reflects the risk of increasing foreign currency scarcity that could compromise the banks' ...