Nigeria: S&P further downgrades Nigeria as oil crisis worsens

Nigeria: S&P further downgrades Nigeria as oil crisis worsens
19 September 2016, Lagos — The S&P Global Ratings downgraded Nigeria further into negative territory as the country struggles amid low oil prices and severe shortages of foreign-exchange. The S&P lowered Nigeria’s rating one level to B, five levels below investment grade and in tandem with Kyrgyzstan and Angola, while the outlook was changed from […] More »
Nigeria: S&P further downgrades Nigeria as oil crisis worsens Nigeria: S&P further downgrades Nigeria as oil crisis worsens Reviewed by Crude Oil Facilitators on 19:07 Rating: 5

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