DMO, CBN disagree with Moody’s Sovereign Rating

by | November 8, 2017 6:07 pm



The Debt Management Office (DMO) of the Federal ministry of finance and the Central Bank of Nigeria (CBN) have disagreed with decision by Moody’s to downgrade Nigeria from a B1 stable to a B2 stable rating. Moody’s, on Wednesday downgraded Nigeria’s sovereign issuer rating to B2 with a stable outlook. “While we respect the right…

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