Nigeria’s External Debt Profile Sets to Hit Over $51.759bn
Following the latest move by President Bola Tinubu to borrow an additional $8.6 billion and €100 million foreign loans, Nigeria’s external debt profile will hit over $51.759 billion. The President’s request is part of the external borrowing plan for 2022-2024 for critical infrastructure, such as power, roads, water, railways, and health. The country’s external debt…