Search Icon
FXEMPIRE
icon
Advertisement
Advertisement

Nigeria Credit Ratings | FX Empire

Nigeria
Moody'sS&PFitchDBRSScope Ratings
RatingOutlookRatingOutlookRatingOutlookRatingOutlookRatingOutlook
Caa1StableB-StableB-StableNR-NR-

Credit Rating History

Rating Agency
Date
Previous Rating
Previous Outlook
New Rating
New Outlook
S&P
Aug 04, 2023B-NegativeB-Stable
S&P
Feb 03, 2023B-StableB-Negative
Moody's
Jan 27, 2023B2StableCaa1Stable
Fitch
Nov 11, 2022BStableB-Stable
Moody's
Nov 29, 2021B2NegativeB2Stable
Fitch
Sep 30, 2020BNegativeBStable
Fitch
Apr 06, 2020B+NegativeBNegative
S&P
Mar 26, 2020BNegativeB-Stable
S&P
Feb 28, 2020BStableBNegative
Fitch
Dec 19, 2019B+StableB+Negative
Moody's
Dec 04, 2019B2StableB2Negative
Fitch
Nov 02, 2018B+NegativeB+Stable
Moody's
Nov 07, 2017B1StableB2Stable
Fitch
Jan 25, 2017B+StableB+Negative
S&P
Sep 16, 2016B+NegativeBStable
Fitch
Jun 23, 2016BB-NegativeB+Stable
Moody's
Apr 29, 2016Ba3Negative WatchB1Stable
S&P
Mar 18, 2016B+StableB+Negative
Moody's
Mar 04, 2016Ba3StableBa3Negative Watch
Fitch
Mar 30, 2015BB-StableBB-Negative

Table Key

Grade
Moody'sS&PFitchDBRSScope Ratings
Prime
AaaAAAAAAAAAAAA
High Grade
Aa1AA+AA+AA (high)AA+
Aa2AAAAAAAA
Aa3AA-AA-AA (low)AA-
Upper Medium Grade
A1A+A+A (high)A+
A2AAAA
A3A-A-A (low)A-
Lower Medium Grade
Baa1BBB+BBB+BBB (high)BBB+
Baa2BBBBBBBBBBBB
Baa3BBB-BBB-BBB (low)BBB-
Non-investment Grade Speculative
Ba1BB+BB+BB (high)BB+
Ba2BBBBBBBB
Ba3BB-BB-BB (low)BB-
Highly Speculative
B1B+B+B (high)B+
B2BBBB
B3B-B-B (low)B-
Substantial Risks
Caa1CCC+CCC+CCC
Caa2CCCCCCCCCCCC
Caa3CCC-CCC-CCC
Extremely Speculative
CaCCCCCCCCC
CCCCC
In Default with Little Prospect for Recovery
CDRDRD
In Default
SDSD
CDDDD
DDDD
DDDDDD
Not Rated
NRNRNRNRNR

Trade With A Regulated Broker