New York, December 22, 2014 -- Nigeria (Ba3 stable) benefits from a resilient economy and robust fiscal position, although the recent drop in oil prices will likely put pressure on public finances and could lead to the widening of fiscal deficits, says Moody's Investors Service in its annual Nigeria Credit Analysis, published today. The rating agency notes that despite its exposure to lower oil prices, Nigeria's real economic growth will likely reach 5% in 2015, supported by the development of the non-oil sector.
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