Nigeria with a huge $812.2 million debt maintains its lead among countries owing foreign airlines collectively about $2.3 billion. The $812.2 million foreign...
Nigeria’s debt has skyrocketed to N46.25 trillion from N39.56 trillion in 2022, the Debt Management Office (DMO) disclosed in Abuja on Thursday. The...
With the frightening debt profile of Nigeria over shooting N41.60 trillion incurred as of March 2022 amid plans to borrow more trillions to...
With an additional borrowing of N6.39 trillion by the Buhari administration to finance the 2022 budget deficit, the total debt stock of Nigeria...
Nigeria’s rising debt profile and financing infrastructure deficit with foreign loans has been criticized by the Nigeria Employers Consultative Association (NECA), calling...
“SERAP also expressed worry on the perceived unwillingness or inability of the National Assembly to vigorously exercise its constitutional duties to check...
In spite of gale of defections of its chieftains to the ruling All Progressives Congress (APC), the People’s Democratic Party (PDP) still...
The Senate President, Dr Ahmad Lawan, says the only option left for the Nigerian government to fund infrastructure is borrowing, describing the country...
The Federal Government printed about N60 billion to augment allocation shared to states in March 2021, a state governor has revealed. According to...
The Federal Government has hit back on former Vice-President Atiku Abubakar on the country’s debt profile he painted, saying it is nothing but scaremongering...
Nigeria’s debt profile for the first quarter of 209 rose by 2.3 percent to reach N560bn, the country’s Debt Management Office (DMO) said...
Nigeria’s debt profile grew 12.25 percent, from N21.72 trillion in 2017 to N24.37 trillion ($79.437 billion) in 2018, driven by issuance of promissory...