‘Rising Debt, Interest Payment May Push Nigeria Towards Debt Default’

Independentng | 28-06-2024 04:45pm |

LAGOS – The worsening rising debt in the country has heightened the fear that Nigeria may be heading towards a debt trap or default in a not too distant future. Nigeria’s total public debt in the first quarter of 2024 increased by 30.4 percent to N121.67 trillion from N97.34 trillion recorded in the same period [...]

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