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Fitch gives Zambia negative outlook

Fitch Ratings has affirmed Zambia's Long-term Foreign-Currency Issuer Defaulting Rating at "B' with a negative outlook. The rating agency said Zambia's 'B' rating reflected the...

Nigeria’s external debt in 2016 stands at US$11 billion

Nigeria's external debt in 2016 was 11.41 billion U.S. dollars, the official news agency reported on Wednesday, citing data from the National Bureau of...

What is external debt in the context of the US$2.5 billion Eurobond

The minority in Parliament accused the government of three violations: 1. Conflict of interest 2. Borrowing without Cabinet Approval 3. Borrowing without Parliamentary approval The government of Ghana released...
Main opposition All Progressives Congress (APC) presidential candidate Mohammadu Buhari speaks after casting his vote at a polling station in the 'Gidan Niyam Sakin Yara A ward' at Daura in Katsina State on March 28, 2015. Voting began in Nigeria's general election but delays were reported countrywide because of technical problems in accrediting electors. AFP PHOTO/PIUS UTOMI EKPEI (Photo credit should read PIUS UTOMI EKPEI/AFP/Getty Images)

Questioning the grade of Nigeria’s External Debt of Investment

As Nigeria reforms, restructures and strategizes towards pulling back the economy unto a path of inclusive and sustainable growth, it is useful to pay...