McKinsey: Nigeria, 35 African Nations Face Economic Crisis
ABUJA — Nigeria and 35 other African nations are hurtling toward a systemic fiscal crunch that threatens to paralyze development across the continent. A landmark report by McKinsey, released on Friday, February 13, 2026, reveals a widening chasm between Africa’s revenue and its ballooning expenditure. Titled “From Borrowing to Building: A New Fiscal Path for…