Dollar scarcity, key challenge to Nigerian companies –Moody’s

Olubode Olusesan at Punch Newspapers

Oyetunji Abioye Global rating agency, Moody’s Investors Service, on Wednesday said the scarcity of United States dollars remained a key challenge to companies operating in Nigeria. As a result, Moody’s said foreign capital inflows into Nigeria would unlikely rebound strongly due to the existence of a huge gap between the parallel and official markets rates […] The post Dollar scarcity, key challenge to Nigerian companies –Moody’s.