Debt Risks Persist As Services Drive Nigeria’s Growth – AfDB

Leadership | 08-04-2026 08:31pm |

Nigeria’s economic recovery is being increasingly driven by the services sector, signalling a gradual shift away from its long-standing reliance on oil, even as concerns mount over slow growth and rising debt pressures. This is according to the African Development Bank (AfDB) ‘s Africa’s Macroeconomic Performance and Outlook report, which projects that Nigeria’s economy will

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