Lagos — Moody’s has upgraded Nigeria’s rating by a notch to ‘B3’ from ‘Caa1,’ citing significant improvements in the country’s…
Browsing: Moody’s
Johannesburg — Banks in sub-Saharan Africa will not be directly impacted by U.S. import tariffs, but “second round effects”, including…
Johannesburg — Banks in sub-Saharan Africa will not be directly impacted by U.S. import tariffs, but “second round effects”, including…
Accra — Ghana’s long-running debt restructuring inched another step closer to the finish line on Friday after the country’s bilateral…
Abuja — Ratings agency Moody’s on Friday revised its outlook on Nigeria to positive from stable, citing possible reversal of…
Bengalure — Falling key raw material costs, robust domestic consumption and sustained government spending on infrastructure will support earnings of…
Nairobi — The World Bank said on Tuesday it approved a $1 billion loan to Kenya to support its budget…
Lagos — Nigeria’s incoming President Bola Tinubu will inherit anaemic economic growth, record debt and shrinking oil output, but before…
Johannesburg — Foreign exchange shortages faced by local Nigerian companies may threaten bank liquidity, while a devaluation of the naira…
News wire — The outlook for credit conditions next year for non-financial companies in Europe, Middle East and Africa is…
