There is nothing intrinsically wrong with borrowing money. This is without prejudice to whether the would-be debtor or mortgagor is an individual, a corporation, or a government. What matters is that through debt, the borrowing party contracts obligations that are not at the point of sealing the negotiations easily met by their salary, equity/revenues, or […]
Should Nigeria continue to borrow just because it can?, By Uddin Ifeanyi
