Assessing Nigeria’s key credit challenges
22 June 2019 | 5:38 pm
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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There's unrest in India after students wearing headscarves are banned from classrooms in the state of Karnataka. For one newspaper, it's a worrying preview of PM Narendra Modi's increasingly nationalist and anti-Muslim agenda, 20 years after he was accused of turning a blind eye to Muslim killings as head of the state of Gujarat. In other news, the famed Australian soap "Neighbours" faces the axe. Finally, we bring you a bit of relationship advice!
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