Nigeria, nine others hold 69% of Africa’s debt – Afreximbank
Photo caption: Afreximbank logo Nigeria is one of the 10 African countries that collectively hold 69 per cent of the continent’s total external debt,
Category : Banking
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The banking industry involves borrowing and lending money. Banks take customer deposits in return for paying customers an annual interest payment.
It is majorly used to keep money safe for customers, offer customers interest on deposits, protect against money losing value against inflation, lend money to firms, customers and homebuyers, and offer financial advice and related financial services, such as insurance
This is the major reason why we keep everyone updated on the recent happenings in the financial industry.
