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Analysts see borrowing cost on external debt increasing

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Analysts have said that the cost of external debt will be increasing following the prospect that the U.S Federal Reserve (Fed) will hike its rates later this year. In what is a wakeup call on emerging economies including Africa, sub-Saharan Africa and Nigeria as a country, considering that it will fuel volatility in the economies’…

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The post Analysts see borrowing cost on external debt increasing appeared first on BusinessDay : News you can trust.

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