Browsing: Federal Government of Nigeria

Analysts say Moody’s Negative Outlook Reflects Weak Macroeconomic Fundamentals. Afrinvest, a leading independent investment banking firm, said that Moody’s, an international rating agency, negative outlook reflects the nation’s current realities. The firm however said that fiscal ratio could worsen in 2019.

The nation’s gross external reserve now is less than 50% of total debt portfolio. The mathematics of the nation’s economic position is becoming worrisome.

Nigeria’s firms exporting goods through land border lose earnings

Debt levels in developing countries heighten vulnerability