Nigeria’s Debt Burden Deepens as Ratio To GDP Hits 52.2%

…projections suggest levels could approach 60% by 2027 Nigeria’s debt challenge has entered a new phase. By the end of 2024, the country’s debt-to-GDP ratio climbed to 52.25 per cent, a sharp rise that not only breached the Federal Government’s self-imposed threshold of 40 per cent but also reignited long-standing concerns about fiscal sustainability. The … Continue reading Nigeria’s Debt Burden Deepens as Ratio To GDP Hits 52.2%