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External Debt Sustainability and Economic Growth in Nigeria (1986–2024)

External debt sustainability is a critical issue for developing countries, particularly those with emerging economies like Nigeria, as it directly influences economic stability, growth, and development. This study examined the impact of external debt sustainability on economic growth in Nigeria, covering the period 1986-2024. Data for the study were extracted from the Central Bank of Nigeria (CBN) statistical bulletin. Data for the study was analyzed with the linear regression of the Ordinary Least Squares (OLS) technique and the Granger causality analysis. The major findings of the study are …

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