Tag: Debt

An analysis of federal budget documents reveals that debt servicing costs under President Bola Tinubu’s administration are projected to surpass ...

The Nigerian Federal Government has outlined plans to borrow N17.89 trillion in 2026, a sharp 72% increase from the N10.42 ...

Nigeria’s total public debt stock breached the N152-trillion mark for the first time, reaching N152.39 trillion at the end of ...

Thirty-one Nigerian states are saddled with a combined domestic debt of N2.57 trillion as of March 2025, with no foreign ...

On May 28, 2025, President Bola Tinubu’s request to the National Assembly for approval of a $24.14 billion foreign loan ...

The Niger Delta Power Holding Company (NDPHC) is facing significant operational challenges due to a N600 billion debt owed by ...

Nigeria’s electricity generation companies are pressing for an urgent audience with President Bola Tinubu to discuss the staggering N4.7 trillion ...

Nigeria’s debt servicing costs soared to N8.9 trillion in the first nine months of 2024, far exceeding the pro-rata budget ...

Nigeria’s external debt service is expected to rise to $5.2 billion in 2025, marking a growing fiscal burden despite ongoing ...

Nigeria’s total public debt has climbed to ₦144.67 trillion ($94.23 billion) as of December 31, 2024, marking a steep 48.58% ...