Custodians of Truth

Tag: #debtservice

Reps Endorse Borrowing N8.4 Trillion, Debt Service at N6.3 trillion

A joint session of the National Assembly will meet in Abuja on Friday (today), and the President, Major General Muhammadu Buhari (ret. ), will present the 2023 Appropriations Bill. The 2023-2025 Medium Term Expenditure Framework and Fiscal Strategy Paper, which […]

W’Bank Forecasts Nigerian Debt Service, Revenue at 102%

The growing debt service-to-revenue ratio in Nigeria, according to the World Bank, is a cause for concern. By the end of 2022, the debt service to revenue ratio may be at 102.3%, according to the bank. The Washington-based bank made […]