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USD/NGN 1,327.68 ▾0.1%GBP/NGN 1,753.58 ▾0.5%USD/NGN black market ₦1,384GBP/NGN black market ₦1,876EUR/NGN 1,496.30 ▾0.7%JPY/NGN 8.41 ▾0.5%CAD/NGN 932.85 ▾0.2%

High Debt-To-Cash Ratio Threatens 22 Listed Firms As Liabilities Mount

Twenty-two companies listed on the Nigerian Exchange Limited (NGX) are facing growing financial pressure as several listed companies become dependent on borrowed funds to finance their operations. In a data obtained by…

Aggregated · originally by Leadership
29 Sept 2026, 11:00 WAT · 3 min read
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High Debt-To-Cash Ratio Threatens 22 Listed Firms As Liabilities Mount

Twenty-two companies listed on the Nigerian Exchange Limited (NGX) are facing growing financial pressure as several listed companies become dependent on borrowed funds to finance their operations. In a data obtained by…