Tag: External debt

  • Fragile Five: African Economies With Rising Debt Risks

    Fragile Five: African Economies With Rising Debt Risks

    A recent report by the Standard Bank Group has revealed five heavily indebted African countries on the verge of debt risks over the next two years as the era of pandemic-induced relief aid draws closer. According to the leading lending institution, the five countries categorized as the ‘Fragile Five’ risk loan denials from global lenders…

  • FG, States Owe N33.11trn Debt In Q1 2021

    FG, States Owe N33.11trn Debt In Q1 2021

    The National Bureau of Statistics has said the Federal and State governments owe a total sum of  N33.11 trillion in public debts, as at March 31, 2021.   NBS disclosed this in its “Nigerian domestic and foreign debt for Quarter one, 2021 (Q1 2021)”. It added that upon disaggregation, the nation’s total public debt indicated that…