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Moody’s affirms deposit ratings of 9 Nigerian banks and changes outlook...

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THUR 02 DEC, 2021-theGBJournal- Moody's Investors Service (Moody's) Wednesday affirmed the B2 long-term local and foreign currency deposit ratings as well as senior unsecured...

Debt after COVID-19: Unequal sovereign debt realities

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A $32 billion increase in global debt during 2020 is one legacy of the pandemic. MON 28 JUNE, 2021-theGBJournal- Uncertain growth prospects and policymakers'...

Moody’s places First Bank of Nigeria Limited’s ratings on review for...

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THUR 06 MAY, 2021-theGBJournal- Moody's Investors Service, (Moody's) Wednesday placed all long-term ratings and assessments of First Bank of Nigeria Limited (First Bank) on...

Nigeria’s ultra-low treasury bill yields will harm banks’ profitability-Moody’s

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MON 18 JAN, 2021-theGBJournal- On 13 January, the Central Bank of Nigeria (CBN) sold treasury bills (TBs) at ultra-low yields, with a 0.5% coupon...

Nigeria: Banks’ asset risk will remain vulnerable -Moody’s

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By Audrey Lotechukwu MON, 23 NOV, 2020-theGBJournal- Risks around Nigerian banking asset has shaped up to be the dominant theme in the coronavirus pandemic era....

Moody’s Investor Service affirms African Development Bank’s AAA credit rating

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SAT, 14 NOV, 2020-theGBJournal-Moody’s Investor Service has affirmed the African Development Bank’s AAA credit rating, with a stable outlook. The ‘AAA’ rating from Moody’s follows...

Moody’s- Renewed foreign-currency shortages highlight vulnerability for Nigerian banks

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…Nigeria's banks' dollar deposit inflows are dwindling because of low oil revenue, volatile foreign investment inflows and reduced remittances from abroad …Moody's rated banks have...

Moody’s changes outlook on Nigerian banking system to negative

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…South Africa and Morocco also changed to negative MON, APRIL 27 2020-theG&BJournal- Moody’s Investors Service has changed to negative from stable the banking system outlook...

Moody’s downgrades Shell’s outlook to negative, affirms Aa2 rating

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London, WED, APRIL 01 2020-theG&BJournal- Moody's Investors Service, ("Moody's") has today affirmed the Aa2 issuer rating and the (P)Aa2 senior unsecured MTN rating of...