‘Debt Burden May Impede Nigeria’s Drive To Economic Recovery’

Independentng | 26-08-2024 05:52pm |

Nigeria’s domestic and foreign loans, which were initially meant to help rejuvenate the country’s ailing economy, are now obstacles to its economic recovery, analysts have said. Analysts at the Coronation Merchant Bank at the weekend said Nigeria’s fiscal sustainability remains a significant concern, with public debt reaching N121.6 trillion, driven by naira devaluation and increased [...]

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