The rise of Nigeria’s national debt, should citizens be alarmed and worried?
Within half a century, Nigeria’s total external debt stock – due but unpaid foreign loans plus accrued interest arrears –...
- Thursday, June 04, 2026
BusinessDay
Within half a century, Nigeria’s total external debt stock – due but unpaid foreign loans plus accrued interest arrears –...
Ghana’s debt implosion is a foreboding of the trouble ahead for governments that tapped the international debt market in the...
Nigeria will face “a very real threat” of debt default in the 2020s in the absence of a significant shift...
Investors whose fingers have been burnt by holding Ghanaian international bonds are curious to discover the next African country to...
The chicken is coming home to roost for Nigeria’s President Muhammadu Buhari as government borrowing costs on local bonds jump...
Nigeria’s oversized debt has entered the range of junk after the extra risk premium which investors demand for holding the...
For every naira spent on capital expenditure (capex), Nigeria has spent nearly two times more servicing a ballooning debt stock...
Zainab Ahmed, Nigeria’s finance minister, in a media interview on the sidelines of the IMF/World Bank annual spring meetings, said...
If African economies take loans to build infrastructure and provide public services in a sustainable way, their recurrent debt troubles...
Debt servicing means making payments to satisfy a debt obligation, including principal, interest, and applicable late payment fees. Countries with...