Abuja — Ratings agency Moody’s on Friday revised its outlook on Nigeria to positive from stable, citing possible reversal of…
Browsing: Moody’s
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…
London — Rating agency Moody’s said on Friday that the credit risk of major oil producers has increased with recent…
Mexico City — Moody’s Investors Service said on Wednesday that it expects Mexican state oil company Petroleos Mexicanos (Pemex) to…
London — Credit rating agency Moody’s slashed its global economic and oil forecasts again on Tuesday, predicting ongoing coronavirus lockdowns…
Mexico City — Slumping revenues pushed Mexico’s Petroleos Mexicanos to a net loss of 87.4 bln pesos ($4.43 billion) in…