Nigeria’s debt to hit N130tn in December – Report
Nigeria’s total debt stock has been projected to increase to N130 trillion by December this year from N121.67 trillion in the first quarter of 2024. Afrinvest disclosed this in its recent report, titled, ‘Bank Recapitalisation, Catalyst for a $1tn Economy’. The investment management company said its projections come amid concerns about the country’s debt-to-gross domestic…