Borrowing costs in South Africa, Nigeria, and Kenya have surged over the past five years, driven by weak policy frameworks, inflationary pressures, and adverse market conditions,...
Global Credit Rating Company Limited (GCR) is pleased to announce that Moody’s Corporation (NYSE: MCO) has increased its stake in GCR to 100%, following a 51%...
Moody’s Investors Service recently elevated the nation’s outlook from stable to positive. This development serves as both a commendation and a call to action for the...
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 announced that it expected losses for Credit Suisse to mount to $3 billion, which could drop core capital below 13%
Global Credit Rating Company Limited (GCR) is pleased to announce that Moody’s Corporation (NYSE: MCO) has acquired a majority (51%) stake in GCR. GCR is a...
Moody’s Investors Service, a global rating agency upgraded its outlook of 9 Nigerian banks to stable from a negative outlook and affirmed its B2 rating of...