Tag: indebted
10 Most indebted states in Nigeria (2023)
The Debt Management Office has provided information pertaining to the state of Nigeria’s debt stock as of the third quarter of 2022. As of September 2022, the country’s total domestic debt stocks for all states had increased to 5.36 trillion Naira, an increase of 128.44 billion Naira from the previous quarter’s 5.28 trillion Naira. In …
The most indebted countries in the world (2023)
The nations of the world all strive to provide the best amenities for their citizens at all times. Most times countries undertake large projects that require enormous capital for their construction. Countries would usually source the entire or some of the sum from the debt market. One major factor in determining indebted countries is their …