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Emerging Markets

Former World Bank chief warns Nigeria’s opaque debt deals could backfire

Nairametrics · 1h ago · 🇳🇬 Nigeria

Former World Bank chief warns Nigeria’s opaque debt deals could backfire

Former World Bank President David Malpass has raised concerns over Nigeria's growing use of collateral-backed borrowing, warning that increasingly opaque debt structures could complicate future debt restructuring and discourage investment if the country's debt becomes unsustainable. The post Former World Bank chief warns Nigeria’s opaque debt deals could backfire appeared first on Nairametrics .

Read the full story at Nairametrics →

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