Yet another round of African debt restructurings (2)
Underwhelming debt servicing capacity points to imminent distress Global public debt levels have risen to as much as the world’s...
- Thursday, June 04, 2026
BusinessDay
Underwhelming debt servicing capacity points to imminent distress Global public debt levels have risen to as much as the world’s...
Nigeria’s financial status deteriorated in 2021 as the nation’s expenditure surpassed revenue resulting in a fiscal deficit of N7.3 trillion...
The external debt obligations of the federal and state governments in naira terms increased by an additional N548.07 billion between...
The Federal Government’s borrowing from the Central Bank of Nigeria (CBN) is reported to have increased from N17.46 trillion in...
Inflation hits the poorest most, economists often say as they welcome interest rate hikes which hit the poorest too. This...
Nigeria’s debt is fast rising and approaching unsustainable levels. The country will be hard-pressed to achieve its development and climate...
Nigeria’s total public debt stood at N38 trillion or $92.626 billion as of September 2021. The bulk of these loans...
For a country with Nigeria’s infrastructure deficit, the government should borrow more given its paltry revenues but its utilisation of...
United Nations (UN) Economic Commission for Africa (ECA) sees debt sustainability as essential for meeting the Sustainable Development Goals (SDGs)...
The current financial viability of Nigerian states offers a clue on the possible crisis that might befall them if they...