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S&P
S&P affirms Nigeria’s credit outlook at stable, says inflation and exchange rate remains challenging
Global credit ratings agency, Standard and Poor (S&P) has affirmed Nigeria's short-term foreign and local currency sovereign credit worthiness at 'B-/B' and Nigeria’s long- and short-term national scale ratings at 'ngBBB+/ngA-2'. The firm noted that the outlook is stable.
Stocks in Europe are setting new records, with U.S. futures in the Dow, S&P, NASDAQ and Russell 2000 flirting with all of the trade highs on Monday.
The Bank has a very strong financial risk profile, capital adequacy, liquidity, extraordinary shareholder support.
American based credit rating agency, Moody’s Investors Service (Moody’s), in a report released on Wednesday, April 15, 2020, affirmed Nigeria’s B2 long-term issuer ratings.
S&P Global Ratings agency has pushed Nigeria deeper into ‘junk’ territory to B-, as Mexico was lowered to BBB, leaving it just two cuts from junk.
Stock markets rebounded from some of their recent huge losses on Friday, pushing further away from three-year lows
Ratings Agency, Standard & Poors has affirmed the Federal Government of Nigeria ratings at ‘B/B’; outlook stable. The rating...