17 September 2016, Sweetcrude, Abuja – The Ratings agency Standard & Poor’s cuts Nigeria’s credit rating on Friday, saying the drop in oil production and a restrictive foreign exchange regime was hurting its economic prospects. In making the downgrade to ‘B/B’, S&P said that Nigeria’s delay in passing an expansionary budget along with taking on more […] More »
S&P cuts Nigeria’s credit rating as oil production drops
Reviewed by Crude Oil Facilitators
on
16:55
Rating:
No comments:
Post a Comment