Nigeria’s economy in ‘clear danger’ – S & P

International rating agency, Standard & Poor’s, yesterday, warned that Nigeria’s economy is in a “clear and present danger,” even as data released by the National Bureau of Statistics, NBS, revealed that Nigeria earned N12.8 trillion from crude oil export in 2014.

The rating agency, in a presentation by Konrad Reuss, Regional Manager, sub-Saharan Africa, put Nigeria on a negative sovereign ratings watch, BB minus
- See more at: http://www.vanguardngr.com/2015/03/nigerias-economy-in-clear-danger...

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