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    Nigeria’s Debt Service Hits Record 162% Amid Subsidy and FX Reforms

    Nigeria’s Debt Service Hits Record 162% Amid Subsidy and FX Reforms Nigeria’s debt service-to-revenue ratio surged to 162% in Q1 2024, a sharp increase from 128% in the same period last year, despite policies meant to bolster government finances. Here’s a closer look at the implications: Debt...
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