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    Botswana’s women boxing on the rise 

    Boxers Finally Receive their Prize Money from 2022 African Championships

    Darts Expects Only P50K from BNSC for 2023/24

    Darts Expects Only P50K from BNSC for 2023/24

    Botswana athletes to train in USA

    Botswana athletes to train in USA

    Debswana’s BAA Sponsorship Plays Critical Role in Developing BW Athletics – Theetso

    Debswana’s BAA Sponsorship Plays Critical Role in Developing BW Athletics – Theetso

    Boxers yet to Receive Prizes from 2022 African Boxing Championships 

    Boxers yet to Receive Prizes from 2022 African Boxing Championships 

    April will see 2nd Instalment of Summer Kids Marathon

    April will see 2nd Instalment of Summer Kids Marathon

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      Botswana’s women boxing on the rise 

      Boxers Finally Receive their Prize Money from 2022 African Championships

      Darts Expects Only P50K from BNSC for 2023/24

      Darts Expects Only P50K from BNSC for 2023/24

      Botswana athletes to train in USA

      Botswana athletes to train in USA

      Debswana’s BAA Sponsorship Plays Critical Role in Developing BW Athletics – Theetso

      Debswana’s BAA Sponsorship Plays Critical Role in Developing BW Athletics – Theetso

      Boxers yet to Receive Prizes from 2022 African Boxing Championships 

      Boxers yet to Receive Prizes from 2022 African Boxing Championships 

      April will see 2nd Instalment of Summer Kids Marathon

      April will see 2nd Instalment of Summer Kids Marathon

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      Fitch downgrades Nigeria’s sovereign credit rating

      mm by RMB Africa Research
      November 14, 2022
      in News
      Reading Time: 1 min read
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      Fitch downgrades Nigeria’s sovereign credit rating

      Nigeria 2032 eurobond yield (%). Source: ETM Analytics, Bloomberg

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      Fitch downgraded Nigeria’s sovereign credit rating by one notch to B- and left the outlook at stable.

      The global ratings agency said that the downgrade reflected the continued deterioration in Nigeria’s government debt servicing costs and external liquidity despite high oil prices in 2022. Fitch said that low oil production and the expensive subsidy on petrol have consumed most of the fiscal benefit of high oil prices in 2022 and will continue to stress already low government revenue levels.

      The ratings agency noted that the implementation of a subsidy reduction in 2023 would support Nigeria’s public finances, but constrained oil production and structurally low domestic non-oil revenue mobilisation will limit potential gains.

      Tags: Fitch

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