Discover the top 10 countries facing substantial debt burdens to China, as reported by the World Bank. From Pakistan's $26.60 billion to Nigeria's $4.29 billion, explore the implications of these debts on economic growth and stability.
In the global landscape of debt accumulation, low and...
The Debt Management Office (DMO) says Nigeria’s total debt rose to N22.4 trillion in the first half of the 2018 financial year.
This represents a three percent increase from the N21.68 trillion recorded at end of December 2017.
READ MORE HERE
In 2006, Nigeria paid about $12.4bn to its foreign creditors in other to enjoy the $18bn debt write off, from the country’s total external debt of about $30bn. Nigerians heaved a sigh of relieve from the crippling debt overhang.
However, since 2010, Nigeria's debts have been increasing at an...
The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that the debt burden of the 36 states.
The information was contained in the third edition of NEITI Quarterly Review, summarised in a statement by Ogbonnaya Orji, NEITI director of information.
The document showed...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.