The cost of Nigeria’s rising debt

PUBLISHED: Wed, 05 Sep 2018 11:33:42 GMT

According to data obtained from Nigeria’s Debt Management Office the country’s external debt rose to 22.08 billion dollars as of June 30 this year from 10.32 billion dollars in June 30, 2015. Egie Akpata, Director of Union Capital Markets joins CNBC Africa to discuss the cost of Nigeria’s rising debt.

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