Nigeria’s Debt Crisis: Debt Servicing Gulps 74% of Revenue in Q1 2024

Tekedia | 23-07-2024 07:46am |

In a revealing disclosure from the Central Bank of Nigeria (CBN), the nation’s escalating public debt has been shown to have gulped a significant portion of the revenue generated in the first quarter of the year. The latest quarterly statistical bulletin of the apex bank paints a stark picture of the growing fiscal crisis, with [...]The post Nigeria’s Debt Crisis: Debt Servicing Gulps 74% of Revenue in Q1 2024 appeared first on Tekedia.

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