Moody’s Investors Service has issued a warning of a potential credit downgrade for the United States, citing expanding budget deficits and heightened political polarization. In a...
This scarcity of foreign currency may lead to payment delays, which could potentially constrain the banks' ability to repay their own foreign currency liabilities.
Moody's has placed Guaranty Trust Bank Limited, FCMB Limited, Fidelity Bank and other six Nigerian banks on review for possible downgrade of their long-term deposit ratings...
Moody’s Investors Service (“Moody’s”) has affirmed the African Development Bank‘s Aaa long-term issuer and senior unsecured ratings. The outlook remains stable. In a rating action note dated...
Moody’s Investors Service, a global credit rating agency, has said Nigeria’s infrastructure is behind most emerging market peers and needs at least $3 trillion to bridge...