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Right? That has always been a completely false, hyperbolic claim. From an economic perspective, a currency’s strength lies in it’s utility, not it’s numerical value, and even by value it ...
Nigeria’s debt servicing bill has increased by 109 per cent to N896.56bn, findings by The PUNCH have shown. As a result, the country has also spent N3.83tn on debt servicing ...
Latest updates on Nigeria’s cash call arrears repayment showed that the country had so far repaid a total of $3.72bn to five international oil companies, leaving an outstanding balance of ...
Niger State Government, management of Abuja Electricity Distribution Company (AEDC) and key stakeholders in the electricity sector yesterday in Minna explored solutions to addressing growing insecurity and its implications on ...
BLOOMBERG AFTER SRI LANKA defaulted on its debt, Jack McIntyre, a portfolio manager at Brandywine Global Investment Management, started watching rice and grain prices more closely. For a swath of ...
Pretoria — The COVID pandemic has had a profoundly negative impact on Africa's sovereign debt situation. Currently, 22 countries are either in debt distress or at high risk of debt ...
Sri Lanka announced a default on its $51 billion foreign debt Tuesday as the island nation grapples with its worst economic crisis in memory and escalating protests demanding the government’s ...
Global sovereign debt is expected to climb by 9.5 per cent to a record $71.6 trillion in 2022, according to a new report, while fresh borrowing is also broadly set ...
The NBI has filed criminal raps against a Nigerian nation and three others including the mother of the child sold to pay off e-sabong debt. Photo: JUCRA pool photo MANILA, ...
The total debt stock of Nigeria is likely to reach N45tn as the Debt Management Office plans to borrow an additional N6.39tn to finance the 2022 budget deficit. This was ...
198 Nigeria News will provide the latest news update as the government facing a growing challenging in preventing Africa's most populous country from breaking apart along ethnic and religious lines.
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