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Moodys Investors Service

FEATURED Latest Money TOP STORIES 

Moody’s changes Nigerian banks’ rating outlook to positive

December 12, 2023December 12, 2023 Markets Reporters 0 Comments Moodys Investors Service, Nigerian banks

Moody’s Investors Service has affirmed the Caa1 long-term deposit ratings, long-term issuer ratings as well as the senior unsecured debt

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Economics FEATURED Latest TOP STORIES 

Israel Risks Moody’s Downgrade as War With Hamas Gets Messier

October 19, 2023October 19, 2023 Markets Reporters 0 Comments Israel-Hamas war, Moodys Investors Service

Moody’s Investors Service has placed the Government of Israel’s A1 long-term foreign-currency and local-currency issuer ratings on review for downgrade. 

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Agriculture FEATURED Latest TOP STORIES 

Moody’s Assigns First-time Caa1, Baa3.ng Ratings to Dangote Sugar Refinery

October 18, 2023October 19, 2023 Markets Reporters 0 Comments Dangote Sugar Refinery, Moodys Investors Service

Moody’s Investors Service has assigned a first-time Caa1 corporate family rating, and Baa3.ng national scale rating corporate family rating to

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FEATURED Latest Money TOP STORIES 

Moody’s affirms ECOWAS bank’s credit rating

October 6, 2023October 6, 2023 Markets Reporters 0 Comments ECOWAS Bank for Investment and Development, Moodys Investors Service

Moody’s Investors Service has affirmed the ECOWAS Bank for Investment and Development’s B2 long-term issuer rating and maintained the stable

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Economics FEATURED Latest TOP STORIES 

Moody’s downgrade puts Egypt on par with Nigeria

October 5, 2023October 6, 2023 Markets Reporters 0 Comments Egypt, Moodys Investors Service

Moody’s Investors Service has cut the long-term foreign and local currency issuer ratings of the Government of Egypt to Caa1

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FEATURED Latest Money TOP STORIES 

Naira devaluation credit negative for Dangote Cement, Coca-Cola: Moody’s

July 1, 2023July 1, 2023 Markets Reporters 0 Comments Coca-Cola, Dangote Cement, Moodys Investors Service, naira devaluation

The recent naira devaluation is credit negative for Nigeria’s nonfinancial companies with foreign currency-denominated debt and local naira cash flow,

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Economics Latest TOP STORIES 

Kenya’s rating cut deeper into junk by Moody’s, nears Nigeria’s

May 13, 2023May 13, 2023 Markets Reporters 0 Comments Kenya credit ratings, Moodys Investors Service

Moody’s Investors Service, a global credit rating agency, has downgraded Kenya’s ratings further into the junk territory as domestic financing

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Economics FEATURED Latest TOP STORIES 

Dangote Cement, Seplat take hit from Nigeria’s rating downgrade

February 2, 2023February 2, 2023 Markets Reporters 0 Comments Dangote Cement, Moodys Investors Service, rating downgrade, Seplat Energy

Moody’s Investors Service has downgraded the ratings of Dangote Cement Plc and Seplat Energy Plc to Caa1 from B3 after

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Economics FEATURED Latest TOP STORIES 

Moody’s downgrades Nigeria deeper into junk territory

January 28, 2023January 28, 2023 Markets Reporters 0 Comments Junk territory, Moodys Investors Service, Nigeria credit rating

Moody’s Investors Service has downgraded Nigeria’s credit ratings further into the speculative or “junk” territory, citing concern the government’s fiscal

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FEATURED Latest Money TOP STORIES 

Nigerian banks’ asset risk’ll increase, outlook negative – Moody’s

March 30, 2021March 30, 2021 Markets Reporters 0 Comments Moodys Investors Service, Nigerian banking sector outlook

The outlook for Nigeria’s banking system remains negative, reflecting expectations of rising asset risk and weakening government support capacity over

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