The fact that Nigeria's debt profile keeps increasing without any corresponding economic growth is very concerning. In January 2023, President Muhammadu Buhari authorized the appropriation…
Bola Tinubu, who has emerged as President-elect, will have to confront several economic battles when he takes office on May 29.
The former governor of Lagos will inherit an economy…
The effect of the recent downgrade of Nigerian Sovereign debt rating by Moody’s from B- to Caa1 (stable outlook) was almost muted as far as the markets are concerned with about 2pct sell-off…
Lagos, Kaduna, Edo, Cross River and Bauchi are the top five states with the highest external debt, data obtained from the latest National Bureau of Statistics (NBS) showed.
According to…
Some financial experts have urged the Federal Government to adopt Public-Private Partnership (PPP) as an investment option to fix infrastructure challenges and reduce the nation’s debt…