Business

Explainer: What Nigeria’s soaring public debt means for the economy

Nigeria’s total public debt could reach a staggering ₦160.6 trillion by the end of 2025, a development that raises serious questions about the country’s fiscal sustainability and macroeconomic stability. This projection, detailed in the H2 2025 Economic Outlook by CSL Stockbrokers Limited, underscores mounting concerns over Nigeria’s ability to fund its budget and grow its […]