S&P Global Ratings

Nigerian Banks Boost Potential Downgrades


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Potential downgrades have grown significantly, reaching 713 as of March 24, a level last surpassed in February 2010. Financial institutions constituted most of the new additions this month with 16 issuers, five of which are Nigerian banks. In this CreditMatters TV segment, Associate Director Gregg Moskowitz explains the key trends and data points.
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S&P Global RatingsBy S&P Global Ratings

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