Call Us Now: (240) 429 2177

  • Home
  • Nigeria’s rating at risk as debt, financing gap rise-Fitch

Nigeria’s rating at risk as debt, financing gap rise-Fitch

June 24, 2020

ABUJA/LAGOS (Reuters) – A sharp rise in Nigeria’s sovereign debt and a ballooning financing gap could trigger a rating downgrade as policymakers in Africa’s biggest economy struggle to deal with the fallout from a coronavirus-induced oil price crash, a director at Fitch said. The global ratings agency downgraded Nigeria to “B” in April with a […]

The post Nigeria’s rating at risk as debt, financing gap rise-Fitch appeared first on CNBC Africa.

CNBC AFRICA

Source : African Media Agency (AMA)

0

Leave a Reply

Your email address will not be published. Required fields are marked *

Nkemnji Global Tech

Featured

Statement of the Prosecutor of the International Criminal Court, Fatou Bensouda, at a media briefing in Khartoum, Sudan: “There is an urgent need for justice in Sudan; sustainable peace and reconciliation are built on the stabilizing pillar of justice”

Pan African Visions | October 22, 2020 1:45 am

How to Build a More Civilized Society, One Interaction at a Time

Pan African Visions | October 22, 2020 1:31 am

350.org expresses solidarity with Nigeria’s #EndSARS movement while condemning the injustices being meted on Nigerian nationals

Pan African Visions | October 22, 2020 1:12 am

Concerned students Rep Mohamed Sesay holding mega phone during Tuesday's press conference on campus

Sierra Leone: Concerned Students appeal to FBC administration to slate date for Student Union Elections

Pan African Visions | October 22, 2020 12:56 am

Recent News