Should Nigeria continue to borrow just because it can?, By Uddin Ifeanyi

…taking a loan in the understanding that one may kick the repayment can down the road is not just irresponsible. It is one major drawback of our economy. Little wonder, then, that the major credit rating agencies continue to rate Nigeria below “investment grade” as an i...

The Briefing Africa

May 25, 2026 · 05:11 · 5 min read

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Should Nigeria continue to borrow just because it can?, By Uddin Ifeanyi

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🎙 The Panel — What Does This Mean?

4 perspectives

The Central Bank of Nigeria (CBN) has decided to maintain its current monetary policy rate amidst growing conc...

Many Nigerians are worried about the rising cost of living and question whether the CBN's pause on interest ra...

While the CBN is focused on maintaining stability, some critics argue that the current approach is too cautiou...

To address these concerns, the CBN could explore targeted interventions, such as increasing support for agricu...

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Should Nigeria continue to borrow just because it can?, By Uddin Ifeanyi