Nigeria’s Debt Service Hits $560 Million in January
In the face of ongoing economic challenges, Nigeria grapples with a significant surge in debt service expenditure, with the federal ...
Tag: Debt
Aso Villa, DHQ, CBN face disconnection over N47bn debt
No fewer than 86 ministries, agencies, and departments of the Nigerian government are collectively indebted to the Abuja Electricity Distribution ...
United Nation Caution FG Over Nigeria’s Debt and Inflationary Threats
The United Nations (UN) has issued a cautionary note in its World Economic Situation and Prospects report for 2024, stating ...
China’s Belt and Road Initiative Raises Questions About Nigeria’s Growing Debt
The Third Belt and Road Forum for International Cooperation in Beijing, China, has drawn attention to the mounting debt owed ...
Global Economic Concerns Dominate IMF and World Bank Meetings in Marrakech
The annual meetings of the International Monetary Fund (IMF) and the World Bank concluded on Saturday in Marrakech, Morocco. The ...
Nigeria’s Debt Soars by 75% in Three Months, Reaches ₦87 Trillion
Nigeria's Debt Management Office (DMO) has reported that the country's total public debt reached ₦87.38 trillion ($113.42 billion) at the ...
Experts caution FG Against new borrowings, proffer alternative.
Financial experts in Nigeria have called on the federal government to explore the option of Public Private Partnership (PPP) in ...
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