Nigeria Still Exposed to Economic Shocks, Moody’s Warns

Nigeria Still Exposed to Economic Shocks, Moody’s Warns

By Obinna Chima One of the leading global rating agencies, Moody’s Investors Service, has said Nigeria’s credit profile, at ‘B2 stable’ is constrained by the country’s continued exposure to shocks because of government’s inability to expand non-oil revenue base sufficiently. The New York-based agency stated this in its annual credit analysis on Nigeria titled, ‘Government […]

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