External borrowing mortgaging Nigeria, 5 other largest African economies—ECA
Contrary to arguments of finance ministers that external borrowings have little or no strong negative impacts on domestic economies, fresh report released at the ongoing 52nd Session of the Conference of African Ministers of Finance, Planning and Economic Development, in…
With the rate of external borrowing, Nigeria may become insolvent soon—Experts
Insolvency, the climax state of indebtedness and financial leprosy likened to what happened to Greece is near in Nigeria as a nation going by the level of request for foreign loans and the current state of unproductiveness in the economy….
