Tag: Moody’s
Moody’s affirms Nigeria’s Caa1 rating, changes outlook to positive
SAT, DEC 09 2023-theGBJournal|Moody's Investors Service on Friday changed Nigeria's outlook to positive from stable, ''reflecting the possible reversal of the deterioration in Nigeria's...
Moody’s changes Ecobank Transnational Incorporated outlook to negative, affirms its B3...
SAT. 18 FEB, 2023-theGBJournal| Moody's Investors Service (Moody's) Friday affirmed the B3 long-term issuer ratings of Ecobank Transnational Incorporated (ETI), and at the same...
Moody’s downgrades ratings of nine major Nigerian banks
WED. 01 FEB, 2023-theGBJournal| Credit rating agency Moody’s downgraded on Tuesday the credit rating of nine major Nigerian banks: Access Bank Plc, Zenith Bank...
Analysis| Possible near-term implication of Nigeria’s credit downgrade
TUE. 31 JANUARY, 2023-theGBJournal| On Friday, 27 January, Moody's Investors Service (Moody's) downgraded Nigeria’s sovereign credit rating further to ‘Caa1’ from ‘B3’ and changed...
Moody’s cuts Nigeria’s credit rating into ‘junk’ territory
SAT. 28 JANUARY, 2023-theGBJournal| Moody's downgraded Nigeria's long-term foreign-currency and local-currency issuer ratings further into junk status Friday, to reflect the country's weakening fiscal...
Moody’s downgrades ratings of three Nigerian corporates to B3 from B2
MON, 31 OCT, 2022-theGBJournal| Moody's Investors Service (Moody's) has downgraded the ratings of Dangote Cement Plc (DCP), IHS Holding Limited (IHS) and Seplat Energy...
Moody’s places the long-term ratings of nine Nigerian banks on review...
FRI, 14 OCT, 2022-theGBJournal| Moody's Investors Service (Moody's) Thursday placed nine Nigerian ‘big’ banks on review for downgrade the long-term deposit ratings, as well...
The Emerging Africa Infrastructure Fund secures A2 credit rating from Moody’s
…Recognition of the Fund’s 20-year track record mobilising long-term blended finance to deliver transformative infrastructure in sub-Saharan Africa.
…Rating affirms EAIF’s strong capital position, moderate...
Ukraine-Russia War|EU shuts its airspace and BP dumps Rosneft as pressure...
By Azuka Christopher
MON 28 FEB, 2022-theGBJournal- The European Union has closed its airspace for Russian owned planes, Russian-registered or Russian-controlled aircraft. The European Commission...
Moody’s to acquire majority stake in GCR Ratings, expanding presence in...
…Global Credit Rating Company Limited (GCR) is a leading credit rating agency in Africa with operations spanning the continent, including in South Africa, Nigeria,...
