Nigeria’s fiscal landscape is under mounting pressure as the cost of servicing public debt under President Bola Tinubu’s administration is…
Browsing: Debt
The federal government of Nigeria has taken a decisive step to address long-standing payment obligations owed to university staff. Through…
Nigeria found itself on a tightrope at the 2025 Annual Meetings of the International Monetary Fund (IMF) and the World…
President Bola Tinubu has requested the approval of the House of Representatives for new external borrowing and debt refinancing totaling…
President Bola Tinubu has delivered a strongly worded reform policy proposal to the United Nations, warning that the global body…
The Federal Inland Revenue Service has defended the Federal Government’s borrowing plan, stating that debt is a legitimate component of…
Nigeria’s Debt To Stabilise At 50% Of GDP, Signals Economic Progress, Says Moody’s. In a promising development for Nigeria’s economy,…
Nigeria’s Debt Servicing Drops By Half, Says CBN. Nigeria’s debt servicing costs have fallen significantly, dropping from $540 million in…
Nigeria’s Power Sector Faces Crisis As GenCos Demand Full Debt Settlement. Nigeria’s power sector is facing an escalating financial crisis…
Obasanjo Raises Concerns Over Nigeria’s Growing Debt Despite Previous Surplus. Former Nigerian President Olusegun Obasanjo has expressed deep concern over…
Sub-Saharan African nations, with Nigeria at the forefront, have been issued a cautionary note by the International Monetary Fund (IMF),…
Nigeria’s total public debt may hit N118.37tn in the next three years, findings by The PUNCH have shown. GOVIMA Reports…