Tag: Debt

Nigeria has spent $817.4 million (approximately N1.26 trillion) on debt servicing in the first two months of 2025, according to ...

Financial experts have raised concerns over Nigeria’s growing debt burden, urging swift action to prevent further economic strain. This comes ...

The National Assembly on Thursday passed the 2025 Appropriation Bill, approving a record N54.99 trillion budget. The budget allocates N14.32 ...

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. ...