Nigeria’s sovereign dollar-denominated bonds fell heavily on Monday after ratings agency Moody’s downgraded the West African oil producer late on Friday to Caa1 from B3, citing the government’s deteriorating fiscal and debt position.
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Nigeria’s sovereign dollar-denominated bonds fell heavily on Monday after ratings agency Moody’s downgraded the West African oil producer late on Friday to Caa1 from B3, citing the government’s deteriorating fiscal and debt position.
Read More