Nigeria’s debt

Nigeria’s 118.9% debt service/revenue ratio worst in the world, says EIU

By Onome Amuge. Nigeria’s debt service-to-revenue ratio, which stood at a staggering 118.9 percent from January to April, has been…

By Anthony Nlebem
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‘Expect large local borrowings by govt’

The federal government will embark on a lot of domestic borrowings to finance the budget due to the impact of…

Economy: Nigeria spent N387bn or $1.09bnm servicing debts in 9 months, says CBN

By Omobayo Azeez The federal government of Nigeria spent $1.09 billion, an equivalent of N387 billion, between January and September…

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