In spite of mounting concerns over the huge level of the country’s public debt, and the severe impact of rising cost of debt servicing on the economy, the federal government, FG, increased borrowing from domestic investors to N10.85 trillion in the first four months of the year. Nigeria’s total public debt rose by 48.6 per […]
Nigeria’s revenue from crude oil is currently being threatened, as one of its importers, Indonesia, plans to decrease imports from other countries, while increasing imports of crude oil and liquefied petroleum gas from the United States by around $10 billion, as part of its tariff negotiations, energy minister Bahlil Lahadalia told local media...

