Moody’s warns of dire economic consequences for Nigeria

•Projects rise in external debt to 5.2% of GDP •As non-passage of PIB, poor governance fuel recession 03 September 2016, Abuja — Global rating agency, Moody’s, yesterday, warned of a further contraction of the Nigeria, while it disclosed that the declining value of the naira would engender a marginal increase in Nigeria’s external debt to […] More »