Nigeria’s Debt Is Vulnerable, Costly – World Bank

The World Bank has disclosed that Nigeria’s debt, which may be considered sustainable for now, is vulnerable and costly. Nigeria’s debt according to the Washington-based global financial institution, is also at risk of becoming unsustainable in the event of macro-fiscal shocks. The bank said this in the November edition of its Nigeria Development Update. It … Continue reading Nigeria’s Debt Is Vulnerable, Costly – World Bank