Ayo Akinfe
In the wake of the coronavirus pandemic, the International Monetary Fund (IMF) published a report in which it warned that Nigeria’s debt-to-gross domestic product (GDP) ratio was growing at an alarming rate. Although still within reason as the federal government’s external debt of $40bn is still less than 10% of GDP,...
Ayo Akinfe
Last year, the International Monetary Fund (IMF) published a report in which it warned that Nigeria’s debt-to-gross domestic product (GDP) ratio was growing at an alarming rate
Although borrowing is still within reason as the federal government’s external debt of $40bn is still less than 10% of GDP, the way it is...
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