Analyst Canvasses Restructuring, Maturities Extension To Prevent Debt Default

Independentng | 01-07-2024 06:44pm |

LAGOS – Despite the bloated recurrent spending in the 2024 budget and a significant infrastructure gap, Nigeria’s debt repayment now exceeds both recurrent and capital expenditure. This is alongside the country’s Foreign Direct Investment (FDI) being at an all-time low of under US$1 billion. Mr. Tilewa Adebajo, Chief Executive Officer (CEO) of The CFG Advisory, [...]

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