Insight Magazine

by CitiPlug

Vol. 01 — No. 07

#GDP

1 stories

Nigeria’s external debt grows by 411% in 8 years — ActionAid
Business

Nigeria’s external debt grows by 411% in 8 years — ActionAid

Study commissioned by ActionAid Nigeria has revealed that the country’s external debt stock increased by 410.9 per cent between 2012 and 2020, with the highest year-on-year growth recorded in 2017 at 65.82 per cent, followed by 35.16 per cent growth in 2013 and 33.63 per cent in 2018. “The states and FCT external debt stock […]