Moody’s thoughts on macro and Nigerian banks – Proshare Nigeria Limited (press release) (registration)


Proshare Nigeria Limited (press release) (registration)

Moody’s thoughts on macro and Nigerian banks
Proshare Nigeria Limited (press release) (registration)
We attended a briefing in Lagos yesterday, hosted by Moody’s Investors Service. The agency’s projections for Nigeria’s economy are favourable. Following the -1.5% y/y contraction in GDP last year, it projects GDP growth at 2.5% y/y in 2017 followed by
Risks persist in Nigerian banks, Fitch warnsVanguard
Moody’s Assigns Stable Outlook on Nigerian Banking SectorTHISDAY Newspapers

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