Nigeria Government Ratings Downgraded To Unstable By Major American Rating Agency

By Emmanuel Aziken, Editor In a big blow to Nigeria’s economic outlook, Moody’s, the American rating agency has downgraded the government of Nigeria’s ratings to negative from stable. The negative outlook, the rating agency announced late on Wednesday, reflects increasing risks to the government’s fiscal strength and external position. It said that already weak government … Continue reading Nigeria Government Ratings Downgraded To Unstable By Major American Rating Agency