DOWNGRADE OF NIGERIA’S CREDIT RATING WORRISOME, BUT FIXABLE, SAYS PETER OBI
Peter Obi, the Presidential Candidate of the Labour Party, has described as worrisome the recent downgrade of Nigeria’s credit rating by Moody’s Investors Service from B3 to junk bonds, sending…
Bad Business: US group suffers loss for investing in Diamond Bank
If any investor wanted to get a sense of how tough the Nigerian banking sector can be, they could do worse than speak to the world’s third-biggest buyout firm. Bloomberg…