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Thursday 16 September 2021

Nigeria risks debt sustainability issue as debt stock hits N35.5 trln in Q2 2021

Nigeria risks debt sustainability issue as debt stock hits N35.5 trln in Q2 2021: Nigeria's debt stock rose 7.75 percent year-to-date to N35.5 trillion by end of June this year, said the debt office, but warned that the country risked the debt sustainability issue if it failed to grow the current low revenue profile. The country's Debt Management Office (DMO) report ...

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