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Assessing Nigeria’s key credit challenges

PUBLISHED: Tue, 18 Jun 2019 12:11:01 GMT

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Moody’s Investors Service says the 5.4 per cent quarter-on-quarter decline in Nigeria’s gross federally collected revenues underscores the challenges the government faces in implementing the reform agenda to lower the dependence on oil. Aurelien Mali, Vice President, and Sovereign Analyst at Moody’s joins CNBC Africa assess some key credit challenges facing Nigeria.


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