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Farooq

Posts Tagged "moodys"

HomePosts Tagged "moodys"

Oyetunji Abioye Although foreign currency shortages in Nigeria and other sub-Saharan African countries are easing, it will take time for the sovereigns, banks and non-financial companies to restore their financial health, Moody’s Investors Service has said. In a report released on Monday, Moody’s noted that dollar shortages stemming from lower oil and commodity prices had […]

One of the world’s leading credit rating agencies, Moody’s Investor Services, has predicted a 2.5 per cent GDP growth for Nigeria in the new year 2017. The agency’s Vice President and lead analyst for Nigeria, Lucie Villa, said that Nigeria’s economy would bounce back this year, supported by on ongoing recovery in oil production. The […]

The Moody’s Investor Service, an international economic and financial rating agency, on Tuesday endorsed the various policies deployed by the Federal Government to manage the nation’s economy to exit from the prevailing economic recession. The rating agency in its explanation of the key drivers that informed Nigeria’s B1 rating asserted that the country’s medium term […]

By Chijioke Ohuocha LAGOS Nov 21 (Reuters) – Nigeria’s economy can expand by 2.5 percent next year, rebounding from a recession entered in the second quarter, as long it can keep oil output at 2.2 million barrels per day, a senior Moody’s analyst said. Africa’s largest economy faces its worst crisis in 25 years, brought […]