Nigeria’s low revenue generation is piling pressure on its debt servicing crisis which has now been compounded with the devaluation of the naira, according to a virtual year-end media brief by Citi economists.
But while Africa’s most populous nation's debt is ballooning as a result of the gov
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Wasiu Alli
Wasiu Alli is a business, economics cum data journalist with strong expertise covering macro trends, capital markets, government policies, corporate earnings and comparative economics analysis. Alli turns raw data into trends that not only tells compelling stories but nudges investors to make valued and informed decisions. He’s an alumnus of Lagos State University and trained at Lagos Business School. He formerly heads the Companies and Markets desk at BusinessDay where he writes and supervises the production of well researched articles on earnings updates, corporate sectoral comparisons, market intelligence as well as interviews with C-suite executives.