Increased foreign borrowings will put more pressures on Nigeria’s debt servicing burden, the Nigerian-British Chamber of Commerce has said.
According to the chamber, the country’s debt burden currently takes about 35 per cent of the budget estimates, hinting that additional loans will raise the figure.
The chamber advised the Federal Government to look inward on economic diversification, noting that Nigeria’s weak macroeconomic fundamentals would force investors to demand higher coupons on sovereign debts.
Increased foreign borrowings will put more pressures on Nigeria’s debt servicing burden, the Nigerian-British Chamber of Commerce has said.
According to the chamber, the country’s debt burden currently takes about 35 per cent of the budget estimates, hinting that additional loans will raise the figure.
The chamber advised the Federal Government to look inward on economic diversification, noting that Nigeria’s weak macroeconomic fundamentals would force investors to demand higher coupons on sovereign debts.
Increased foreign borrowings will put more pressures on Nigeria’s debt servicing burden, the Nigerian-British Chamber of Commerce has said.
According to the chamber, the country’s debt burden currently takes about 35 per cent of the budget estimates, hinting that additional loans will raise the figure.
The chamber advised the Federal Government to look inward on economic diversification, noting that Nigeria’s weak macroeconomic fundamentals would force investors to demand higher coupons on sovereign debts.
Increased foreign borrowings will put more pressures on Nigeria’s debt servicing burden, the Nigerian-British Chamber of Commerce has said.
According to the chamber, the country’s debt burden currently takes about 35 per cent of the budget estimates, hinting that additional loans will raise the figure.
The chamber advised the Federal Government to look inward on economic diversification, noting that Nigeria’s weak macroeconomic fundamentals would force investors to demand higher coupons on sovereign debts.
Increased foreign borrowings will put more pressures on Nigeria’s debt servicing burden, the Nigerian-British Chamber of Commerce has said.
According to the chamber, the country’s debt burden currently takes about 35 per cent of the budget estimates, hinting that additional loans will raise the figure.
The chamber advised the Federal Government to look inward on economic diversification, noting that Nigeria’s weak macroeconomic fundamentals would force investors to demand higher coupons on sovereign debts.
Increased foreign borrowings will put more pressures on Nigeria’s debt servicing burden, the Nigerian-British Chamber of Commerce has said.
According to the chamber, the country’s debt burden currently takes about 35 per cent of the budget estimates, hinting that additional loans will raise the figure.
The chamber advised the Federal Government to look inward on economic diversification, noting that Nigeria’s weak macroeconomic fundamentals would force investors to demand higher coupons on sovereign debts.
Increased foreign borrowings will put more pressures on Nigeria’s debt servicing burden, the Nigerian-British Chamber of Commerce has said.
According to the chamber, the country’s debt burden currently takes about 35 per cent of the budget estimates, hinting that additional loans will raise the figure.
The chamber advised the Federal Government to look inward on economic diversification, noting that Nigeria’s weak macroeconomic fundamentals would force investors to demand higher coupons on sovereign debts.
Increased foreign borrowings will put more pressures on Nigeria’s debt servicing burden, the Nigerian-British Chamber of Commerce has said.
According to the chamber, the country’s debt burden currently takes about 35 per cent of the budget estimates, hinting that additional loans will raise the figure.
The chamber advised the Federal Government to look inward on economic diversification, noting that Nigeria’s weak macroeconomic fundamentals would force investors to demand higher coupons on sovereign debts.
Related posts:
N21.73tr debt : Economist cautions FG on external borrowings
IMF cautions Nigeria on large foreign currency borrowings
Too soon to seek membership of Trans-Pacific trade deal – UK Trade Minister
EU warns against unilateral trade after Hungary, Poland ban on Ukrainian grain
Group seeks reactivation of Deep Seaport, Free Trade Zone
Nigerian Athletics officials trade blames over missing $150,000
British-Nigerian descent Kemi Badenoch named UK trade secretary
Bayelsa govt. organizes trade fair to promote wholesome drugs
