Nigeria’s largest listed companies owe N6.25 trillion as bank loans dominate borrowing

Nigeria’s largest listed companies continue to rely heavily on bank loans and other direct borrowings despite the rapid growth of commercial papers and other debt securities as alternative sources of corporate funding. A Nairametrics review of 19 of the largest companies in the NGX 30 shows that they had combined debt of N6.25 trillion as […] The post Nigeria’s largest…