Nigeria’s debt is now N121.67 trillion, says Afe Babalola, raising alarm. Immediate debt relief measures, economic reforms and prudent governance should be taken immediately, he urges.
debt
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Nigeria’s total public debt increased marginally by 0.61% to N87.91 trillion in the third quarter of 2023, according to the latest data from the Debt Management Office (DMO). The debt …
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The dispute between Nigerian banks and telecommunications operators over the unpaid fees for Unstructured Supplementary Service Data (USSD) services has escalated, as the telcos threaten to withdraw the services and …
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Nigeria’s 30-year bonds have become the most sought-after debt instruments in the country, as investors are eager to lock in the highest yields in Africa. The long-term debt attracted more …