National Wire About Nigerians, Nigerian Business and Other Stories
Huge Debt Service Cost In Nigeria, Others, Worries Moody’s
The elevated public debt-service cost in Nigeria and some other countries in Africa calls for concern, Moody’s Investors Service stated in a report at the weekend. The region’s debt-servicing cost on weighted-average basis increased to almost to 12.3 per cent of revenue in 2017 from seven per cent in 2013, and was expected to hover at around 13per cent in …
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