![domestic debts](https://cdn.businessday.ng/2019/11/domestic-debts-1.png)
Debt service-to-revenue ratio drops to 74%, lowest in five years
…Fuelled by devaluation Nigeria’s debt service-to-revenue stood at 74.3 percent in the first quarter (Q1) of 2024. This is the...
…Fuelled by devaluation Nigeria’s debt service-to-revenue stood at 74.3 percent in the first quarter (Q1) of 2024. This is the...
Nigeria’s fiscal instability is a ticking time bomb, threatening the nation’s economic future. The country’s financial troubles didn’t start recently;...
Nigeria’s total debt stock rose from ₦49.85 trn in March 2023 to ₦121.67 trn in March 2024 (an increase of...
Nigeria’s total debt stock rose by N24.33 trillion in the first quarter of 2023 to N121.67 trillion from N97.34 trillion...
The Civil Society Legislative Advocacy Centre (CISLAC) and Christian Aid UK have outlined six policy options to address Nigeria’s debt...
New administration wants prospects for economic growth on firmer footing The banqueting hall of the Oriental Hotel in Lagos buzzed...
The World Bank has projected that Nigeria will save N3.9 trillion in 2023 following subsidy removal and FX unification move,...
Nigeria’s debt per citizen has hit N217,136 ($484) amid rising poverty across states, according to analysis of data by BusinessDay....
Worried by Nigeria’s debt stock at N44 trillion and 90 percent of government revenue devoted to servicing loans, the Civil...
Since 2015 when the Muhammadu Buhari administration came to power, Nigeria’s debt stock has been on an upward trajectory. Within...