Moody’s: Nigeria has less flexibility to cut spending
While most Sub-Saharan African (SSA) sovereigns plan to consolidate their budgets to stabilise debt, they are now more vulnerable to ...
Thursday, March 12, 2026
Tag: Moody
S.Africa’s Zuma calls for action after S&P downgrade, rand up on Moody’s reprieve
Jacob Zuma, South African President called for concrete measures to boost growth after S&P Global Ratings downgraded the local currency ...
Moody’s downgrades 8 Nigerian banks following downgrade of Nigeria sovereign rating
*Says govt capacity to provide support for banks weak Moody's Investors Service (Moody's) Friday downgraded to B2 from B1 the ...
DMO responds to Moody’s downgrade, says Nigeria plans $2.3bn in oil asset equity restructuring
Nigeria's Debt Management Office (DMO) said Thursday that the country plans to raise N710 billion ($2.26 bn) through restructuring its equity ...
The great escape: How credit raters ducked reform
After the subprime crisis, rules-tightening didn't hit S&P, Moody’s, and Fitch as hard as the banks. There’s a revealing scene ...
Moody says South Africa’s central bank under increasing political pressure
South Africa’s central bank is under increasing political pressure to maintain “expansionary” monetary policy, Moody’s Investors Service said as the ...
Moody assigns Nigeria’s Dangote Cement Ba3 corporate family rating
Moody's Investors Service has assigned a first-time Ba3 corporate family rating (CFR), Ba3-PD probability of default rating and Aaa.ng national ...
China April industrial profits up 14 percent but slowing pace stokes economy worries
Profits earned by Chinese industrial firms rose 14.0 percent in April from a year earlier, official data showed on Saturday, ...
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