The Debt Management Office (DMO) has debunked a report that categorised Nigeria as one of the nations with the highest debt profile in the world. The DMO
The Debt Management Office has debunked a report that categorised Nigeria as one of the nations with the highest debt profile in the world.
In the publication, it was stated that the World Bank has classified Nigeria as one of the top 10 ‘high-debt risk nations’ in the International Development Association Audited Financial Statement for the Fiscal Year 2021 published on Monday, August 9, 2021.The DMO said the publication of the newspaper is not only false and misleading but also suggests an inadequate understanding of the essence of the World Bank’s report.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
World Bank lists Nigeria, nine others high-debt risk nationsThe World Bank has stated that Nigeria is among a list of top 10 countries with high debt risk exposure.
Read more »
Nigeria, India, others among countries with highest debt risk exposure – ReportWith debt exposure of $11.7 billion, Nigeria ranked fifth among the top 10 countries with the highest debt risk exposure.
Read more »
Nigeria, others listed on World Bank's high debt risk exposure countries | The Guardian Nigeria News - Nigeria and World NewsThe World Bank has listed Nigeria among the top 10 countries with high debt risk exposure. Nigeria is ranked fifth on the list with $11.7bn IDA debt stock, while India led the list with $22bn IDA debt stock, followed by Bangladesh with $18.1bn IDA debt stock, Pakistan with $16.4bn IDA debt stock, and Vietnam with […]
Read more »
AMCON Denies Plans To Take Over Dangote RefineryContrary to some reports that the Assets Management Corporation of Nigeria (AMCON) could take over the Dangote Refinery over debts owed by the Dangote
Read more »
AMCON Denies Plans To Take Over Dangote RefineryContrary to some reports that the Assets Management Corporation of Nigeria (AMCON) could take over the Dangote Refinery over debts owed by the Dangote
Read more »
LASG Has Not Taken Over Lekki Concession Company, Says OmotosoLagos State government has debunked claims in some media reports that it has taken over Lekki Concession Company, describing the information as untrue.
Read more »