Economy

Nigeria’s debt rose 38% to N17.4trn in 2016 – debt office

by Reuters

March 9, 2017 | 11:36 am
  |     |     |   Start Conversation

Nigeria’s total debt rose to 17.36 trillion naira ($56 bln) as of Dec. 2016 from 12.60 trillion naira a year earlier, the Debt Management Office said, as the country grappled with its first recession in a quarter of century caused by low oil prices. Africa’s biggest economy expects a budget deficit of 2.36 trillion naira…

login to view this content or Register here

by Reuters

March 9, 2017 | 11:36 am
  |     |     |   Start Conversation

Big Read |  

Analysis

African economy: the limits of leapfrogging

KotiogoNg’usilo vividly remembers the first time he saw a car. It was the 1950s and Mr Ng’usilo, a hunter-gatherer from...


MTN Banner ADS 2

BRIU

Diamond

Newletter Ecomomic Intelligence