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Panama Canal

Moody’s upgrades Panama Canal’s 20-year bond 

Moody’s has upgraded the 20-year USD450 million Senior Unsecured Bonds issued by the Panama Canal Authority (ACP) from A2 to A1 with a stable outlook. The upgrade is...

Carrier

Carriers’ consolidation will continue into 2018, says Moody’s  

By Jite Eriabie  Consolidation, whether through alliances or M&A, will continue apace in the container shipping industry into 2018, according to Moody’s ratings...

Moody’s downgrades eight Nigerian banks 

Moody’s downgrades eight Nigerian banks 

Moody’s Investors Service has downgraded to B2 from B1 the long-term local currency deposit and issuer ratings of four Nigerian banks. It also downgraded the long-term...

Moody’s downgrades Nigeria’s rating to B2 

Moody’s downgrades Nigeria’s rating to B2 

By Patience Danjuma  The federal government has disagreed with Moody’s downgrading of Nigeria to a B1 stable rating to a B2 stable rating. The latest B2 rating is...

Naira-and-dollar-notes

Nigeria dollar scarcity to persist till 2018 – Moody’s

Despite the Central Bank of Nigeria’s efforts to strengthen the value of the naira against the dollar, Moody’s Investors Service has said foreign currency shortages...

Moody's endorses Nigeria's economic policies

Moody’s endorses Nigeria’s economic policies

The Moody’s Investor Service, an international economic and financial rating agency, on Tuesday endorsed the various policies deployed by the Federal Government to...