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Express View: But there are limits to loan-driven consumption. A weakening of debt-led household consumption could have implications for the momentum in the broader economy ....
Cash transfer programme: We don't trust Govs, poor Nigerians tell Tinubu – The Sun Nigeria sunnewsonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunnewsonline.com Daily Mail and Mail on Sunday newspapers.
There were about 381,000 high-risk households with total combined financial debt amounting to 69.4 trillion won ($48.7 billion) as of the end of last year, the Bank of Korea said Monday. High-risk households refer to those heavily burdened by servicing debts and mired in difficulty repaying their borrowings through asset sales, according to the BOK. ....