Fitch says Nigeria faces higher debt service cost on $2.5b Eurobond
Nigeria’s issuance of $2.5 billion Eurobond in the first quarter of this year is expected to raise the country’s debt service cost and refinancing risks, Fitch Ratings, said on Wednesday. According to its report titled: Sub Saharan Africa Sovereign Debt Steadies but Refinancing Risk May Rise, Fitch said...