The IMF projects Nigeria’s external debt could reach 25% of GDP by 2025, raising concerns about fiscal sustainability and prompting calls for revenue diversification.
Nigerian bonds yield dropped to 15.46 percent as disinflation encourages investor demand, with real interest rates rising and long-term debt instruments attracting strong interest.
Unity Bank MD urges young Nigerians to embrace a savings culture, stressing financial literacy, early money management, and long-term resilience for economic independence.