Nigerian companies with the highest external debt
An analysis of 32 NGX-listed companies shows that while several businesses reduced borrowings in the first nine months of 2026, others continue to face pressure from high financing costs, weak equity positions, and limited cash coverage. The 31 companies with December financial year-ends reported combined interest-bearing borrowings of N7.92 trillion as of September 30, 2026, […] The post Nigerian companies with the highest external debt appeared first on Nairametrics .
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An analysis of 32 NGX-listed companies shows that while several businesses reduced borrowings in the first nine months of 2026, others continue to face pressure from high financing costs, weak equity positions, and limited cash coverage. The 31 companies with December financial year-ends reported combined interest-bearing borrowings of N7.92 trillion as of September 30, 2026, […]
The post Nigerian companies with the highest external debt appeared first on Nairametrics.
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About this article
- Length
- 70 words · 1 min read
- Published
- November 13, 2026
- Byline
- Idika Aja
- Source
- Nairametrics