Rising global interest rates signal costly debt for Nigeria

Dangote Refinery to curb petrol import, subsidy impact muted

The Dangote Refinery will not solve the myriad of challenges bedevilling Nigeria’s downstream sector

Nigeria in its proposed budget intends to borrow N2.57 trillion from international sources but the cost of the debt may be a major source of concern, considering that global interest rates are likely to rise. Top economies have seen their inflation rate increase the highest in the past few months

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