NEWS: Nigeria’s Debt Profile to Hit N187 Trillion as World Bank Disburses $2.5 Billion

Nigeria’s Debt Profile to Hit N187 Trillion as World Bank Disburses $2.5 Billion

Nigeria’s debt profile has been projected to rise to N187.79 trillion in 2025 amid increased borrowingA report by an investment company, Cardinalstone, projected that the country’s debt level will increase due to the naira depreciationThe report stated that Nigeria’s dollar-denominated domestic bond causes the debt increase

Henzodaily.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

Nigeria’s debt profile will hit an…

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