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Nigeria: A Frail Giant?
Since President Muhammadu Buhari's re-election in 2019, the country has faced a myriad of social and economic challenges. Inflation had surged from 11.40% in May 2019 to 17.33% last month; the Naira has…
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Analysis of the Debt Profile of Nigerian States
Analysis into the domestic debt profile of the 36 states and FCT shows that Lagos state with total debt of N444.23 billion has the highest domestic debt stock outstanding among the states and…
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After COVID-19, Comes the Debt
The Build Up Global borrowing has been rising so rapidly due to recent economic events and incidents around the world, that many are worried is becoming unsustainable. According to the new OECD forecasts,…
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Download Data on Impact of External Debt on Economic Growth
In the excel file below, nominal GDP data was used as a proxy to measure economic growth and this serves as the independent variable. Multilateral Debt, Paris Club Debt, London Club Debt, Promissory…
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Nigeria Has Both Debt and Revenue Problem
This research article aims to provide answers to the differences in analysts opinions on Nigeria having a debt problem or revenue problem by providing trend analysis of debt servicing in Nigeria, as well…
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Understanding Lagos State Finances and its Preference for External Debt over Internal Debt
Lagos State Government recently released its financial statement and we provide an insightful analysis into the state finances and its debt profile.