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Nigeria also owes five countries (China, France, Japan, India and Germany) $4.07 million; accounting for 12.74 percent of the nation’s external debt.
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Nigeria also owes five countries (China, France, Japan, India and Germany) $4.07 million; accounting for 12.74 percent of the nation’s external debt.
The break down of the Public Debt Stock showed that 37.82% was External, while the balance of 62.18% was Domestic.
Debt relief measures will help in providing some of the needed support.
The agribusiness sector in Nigeria needs insurance to remain sustainable and achieve long term growth expectation.
Lower-income regions scored 62 points in the financial inclusion infrastructure category but Nigeria scored 57 points.
The inclusion of free duty and levy for commercial airline operators in line with presidential waivers and approval already granted by the President.
The finance bill 2020 will amend extant laws to facilitate and strengthen revenue mobilisation and growth in 2021.
Nigeria’s leading indicators reflect that the expected pace of recovery in Q4 2020 could reflect an improvement from the previous quarter.
The United Kingdom maintained the biggest source of capital inflows for Nigeria, with a total investment of $594.65 million, followed by the Netherlands with...
Annual inflation has been above the 9% top of the central bank’s target range since 2015.