economy

BusinessEconomy

Debt Servicing Devours Nigeria’s Revenue, Swallows 11 Times Capital Spending — World Bank

FG spends N7.7tn on interest in six months as debt obligations squeeze infrastructure and public services Nigeria’s mounting debt burden is increasingly squeezing government finances, with the Federal Government spending…

SOLD: NIGERIA’S SILENT SURRENDER – 2

SOLD: NIGERIA’S SILENT SURRENDER

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Business

Nigeria’s Consumer Credit Falls Nearly 20% as High Interest Rates Reduce Borrowing