moody's report

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    Business Moody's Report: 8 Nigerian Banks Downgraded

    Moody’s Investors Service (Moody’s) has downgraded to B2 from B1 the long-term local currency deposit and issuer ratings of four Nigerian banks. The banks are: Access Bank Plc (Access) Guaranty Trust Bank Plc (GTBank), United Bank for Africa Plc (UBA) and Zenith Bank Plc (Zenith) and the...