Central Bank of Nigeria
Dynanics score, Credit rating, Global financial crisis, Lending institution
Post-2008 global financial crisis placed the search light on the activities of global rating agencies, especially in the United States and Europe. The article discussed the regulatory role played by private credit rating agencies and their impact on the financial system. The author attempts to draw attention to the conflict of interests between the objectives of private credit agencies and the regulatory role they play. A synopsis of the article is presented in section II below, while comments and lessons for Nigeria are discussed in section III.
CBN Economic and Financial Review
Omanukwue, P.N. (2012): Rating Game: a review, CBN Economic and Financial Review, 50(1), 115-119.