Nigeria’s rising borrowing amid low revenue generation continues to drag on the nation’s resources and development as shown by the latest report from the Debt Management...
According to Nigeria’s Debt Management Office (DMO), Nigeria’s total public debt rose by 4.1% or N1.5trn from N38trn at end-September ‘21 to N39.5trn at end-December 2021....
The World Bank has said the Central Bank of Nigeria’s large and growing financing has made Nigeria’s rising debt costly and vulnerable. The Washington-based global financial...
No end in sight for Nigeria’s rising debt profile despite the country’s vast natural resources and human capital. A recent report from the country’s Debt Management...