HomeTagsDebt Crisis

Tag: Debt Crisis

Nigeria, Others Facing Huge Debt Crisis – World Bank

Nigeria, Others Facing Huge Debt Crisis - World Bank   The World Bank has said that Nigeria and other developing countries are facing debt crisis, noting that the situation has intensified. The World Bank Group President, David Malpass, disclosed this in a statement titled, ‘Debt-Service Payments Put...

40% Of African Countries Are In Debt Crisis, IMF Says

40% Of African Countries Are In Debt Crisis, IMF Says The Managing Director of the International Monetary Fund, Kristalina Georgieva, says 40 per cent of African countries are in debt distress. She described Africa as a continent of opportunities and one with many troubles, noting that...