Tag: Moody’s
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COVID-19: Nigeria Maintains Moody’s B2 Credit Rating, Negative Outlook
Credit rating agency, Moody’s, has maintained a B2 long-term issuer rating for Nigeria’s credit worthiness. The US-based agency also maintained a negative outlook for Nigeria due to the continuous spread of the coronavirus, related oil price shocks and its effect on the largest economy on the African continent. According to the agency, these factors are…