Tag: Debt

Nigeria's expenditure on foreign debt servicing has skyrocketed by 107.7% within the first eight months of 2024, reaching N3.8 trillion, ...

The domestic debt of Nigeria's 36 states and the Federal Capital Territory (FCT) increased by N198.96 billion within the last ...

The Federal Government of Nigeria owes the Nigerian National Petroleum Company Limited (NNPC) a significant debt of $4.9 billion (N7.8 ...

Nigeria's total public debt surged by ₦24.33 trillion in just three months, reaching a staggering ₦121.67 trillion ($91.46 billion), according ...

Akinwumi Adesina, the President of the African Development Bank (AfDB), has raised concerns over the detrimental impact of non-transparent resource-backed ...

Nigeria is gearing up to launch its first-ever foreign currency-denominated bond issuance in June, with the potential to raise up ...

Nigerian Breweries Plc (NB) has unveiled plans to raise N600 billion capital through a rights issue, subject to shareholders' approval. ...

At the recent 140th meeting of the National Economic Council chaired by Vice President Kashim Shettima, startling revelations surfaced regarding ...

In the face of ongoing economic challenges, Nigeria grapples with a significant surge in debt service expenditure, with the federal ...

No fewer than 86 ministries, agencies, and departments of the Nigerian government are collectively indebted to the Abuja Electricity Distribution ...