External Debt Servicing Soars by 38%, Reaches $3.53 Billion in 2024
Nigeria’s external debt servicing costs skyrocketed by 38% in the first nine months of 2024, hitting a total of $3.53 ...
Tag: external debt.
Nigeria’s Debt to China Surges by $800 Million in One Year
As of June 30, 2022, Nigeria's debt to China stood at $3.93 billion. Just one year later, on June 30, ...
FG Secures $1.95 Billion in World Bank Loans Amidst Debt Concerns
Nigeria, facing concerns over its rising debt profile, has secured a total of $1.95 billion in loans from the World ...
IMF Approves $1 Billion Loan to Aid Kenya’s Economic Crisis and Climate Initiatives.
The International Monetary Fund (IMF) has stepped in to provide crucial financial assistance to Kenya, approving the disbursement of a ...
Nigeria’s External Debt Stock Hits $42,671.70 million: A Breakdown of Lateral and Bilateral Debts.
The Nigerian government recently released the latest figures on its external debt stock as of March 31, 2023. The grand ...
Egypt Records All-Time High Annual Inflation of 36.8% in June
Official figures released on Monday revealed that Egypt's annual inflation reached 36.8% in June, marking an all-time high for the ...
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Nigeria Set to Clear IMF Loan by 2029 Amid Economic Reforms
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