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After Sri Lanka Says It Can No Longer Pay Its $51bn Debt, IMF Fears Nigerian Govt’s Debt Exposes Banks To Risk Vote_lcap16%After Sri Lanka Says It Can No Longer Pay Its $51bn Debt, IMF Fears Nigerian Govt’s Debt Exposes Banks To Risk Vote_rcap 16% [ 43 ]
After Sri Lanka Says It Can No Longer Pay Its $51bn Debt, IMF Fears Nigerian Govt’s Debt Exposes Banks To Risk Vote_lcap21%After Sri Lanka Says It Can No Longer Pay Its $51bn Debt, IMF Fears Nigerian Govt’s Debt Exposes Banks To Risk Vote_rcap 21% [ 58 ]
After Sri Lanka Says It Can No Longer Pay Its $51bn Debt, IMF Fears Nigerian Govt’s Debt Exposes Banks To Risk Vote_lcap30%After Sri Lanka Says It Can No Longer Pay Its $51bn Debt, IMF Fears Nigerian Govt’s Debt Exposes Banks To Risk Vote_rcap 30% [ 83 ]
After Sri Lanka Says It Can No Longer Pay Its $51bn Debt, IMF Fears Nigerian Govt’s Debt Exposes Banks To Risk Vote_lcap34%After Sri Lanka Says It Can No Longer Pay Its $51bn Debt, IMF Fears Nigerian Govt’s Debt Exposes Banks To Risk Vote_rcap 34% [ 93 ]

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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » After Sri Lanka Says It Can No Longer Pay Its $51bn Debt, IMF Fears Nigerian Govt’s Debt Exposes Banks To Risk

After Sri Lanka Says It Can No Longer Pay Its $51bn Debt, IMF Fears Nigerian Govt’s Debt Exposes Banks To Risk

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God Father


Manager - Equity Analytics
Manager - Equity Analytics

Tuesday, April 19, 2022 at 8:32 AM by  Dave Ibemere The International Monetary Fund (IMF) is expressing fears about Nigeria's growing debt levels as more countries join the list of defaulters To finance its budget deficit, the Nigerian government borrows from banks, countries, and investors Sri Lank recently told its foreign creditors that it can no longer pay its over $51 billion debt joining the long list of countries over the years that have had issues with debt


Read more: https://www.legit.ng/business-economy/economy/1466433-after-sri-lanka-announce-longer-pay-foreign-debt-imf-worries-nigerian-govts-debt-exposes-banks/?utm_source=twitter&utm_medium=ps

Following the announcement that Sri Lanka has joined the list of nations that have defaulted on their commitments to foreign banks and investors, The International Monetary Fund (IMF) has raised concerns about Nigeria's debt. IMF said on Monday that banks in Nigeria and other emerging markets are exposed to high risk due to rising governments’ debt owed to the lenders.

https://www.legit.ng/business-economy/economy/1466433-after-sri-lanka-announce-longer-pay-foreign-debt-imf-worries-nigerian-govts-debt-exposes-banks/?utm_source=twitter&utm_medium=ps

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