Nigeria’s total debt stock rises to N49.85trn in Q1 2023
By Business A.M. Nigeria’s debt stock, comprising the domestic and external debt stocks of the federal government,sub-national
Africa’s external debt to hit $1.13 trillion by 2023, says AfDB
By Cynthia Ezekwe The African Development Bank (AfDB) has projected that the total external debt of Africa will hit $1.13 trillion
KPMG warns Nigeria’s debt profile will cause fiscal woes for next administration
By Onome Amuge Professional services firm, KPMG, has warned that Nigeria’s debt service to revenue ratio may exceed 100 percent in
Experts see CBN’s N22.7trn W&M securitisation easing FG debt pressure
By Onome Amuge Amid concerns about Nigeria’s rising debt stock, the National Assembly recently approved the request by President
AMCON seizes Glano Nigeria’s assets over N2.4bn debt
By Business A.M. The Asset Management Corporation of Nigeria (AMCON) has taken possession of assets belonging to Glano Nigeria
Nigeria’s public debt stock rises to N44.06 trn in Q3 2022, NBS reports
By Cynthia Ezekwe Amid the economic downturn in Nigeria, the country’s public debt stock grew by 2.84 per cent in Q3 2022, while the
Nigeria’s debt service payment,other IDA countries to exceed $62bn in 2022,says World Bank
By Onome Amuge The publicly guaranteed debt of Nigeria and 73 other countries under the World Bank’s International Development
Nigeria leads Africa’s govts with borrowing risks at $103.31bn
BY MADUABUCHI EFEGADI Tops 20 countries on verge of excessive debt But Rwanda shines with investment opportunities
Is Africa sinking lower into debt quagmire?
DEBT IN AFRICA has become an issue and a recurring decimal. A one-off mention of it will be insufficient to bring the subject fully
Fresh loan may raise Nigeria’s debt servicing to N3tr
The nation’s budgetary provisions for debt servicing could rise to N3 trillion if the federal government goes ahead with its $29.96