Shareholders of Dangote Sugar Refinery Plc have approved a N500 billion rights issue aimed at …
Read More »Factors behind Nigeria’s intractable debt burden
Nigeria’s worsening debt crisis has become something of deep concern to everyone. The World Bank and the International Monetary Fund (IMF) are particularly worried about the country’s debt issue. Nigeria’s debt is deceptively low when measured from gross domestic product (GDP) ratio. While the United States of America (USA), the world’s largest economy, is bogged down with a debt burden …
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