How can Nigeria reduce debt-servicing cost?

Moody’s says Nigeria’s interest spending on debt may go as high as 36 per cent of government revenues this year, as the global ratings agency maintained Nigeria’s credit outlook at positive. Meanwhile, the Debt office put Nigeria’s total debt at 121.6 trillion Naira as at the end of the first quarter. Kayode Akindele, Managing Director and CEO of Coronation Capital joins CNBC Africa to discuss these stories and more.
Mon, 24 Jun 2024 11:37:31 GMT

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