Nigeria’s fiscal landscape is facing unprecedented challenges as debt repayments now exceed both recurrent and capital expenditures. Tilewa Adebajo, CEO of The CFG Advisory, stated these...
Nigeria’s public debt has breached the N101 trillion mark, driven by a substantial influx of loans from the World Bank totaling $4.95 billion over the past...
China’s central bank, the People’s Bank of China (PBOC), has decided to keep the key interest rate steady for the tenth consecutive month. On Monday, the...
The Federal Government’s expenditure on debt financing rose to $854.36 million in May alone, according to data released by the Central Bank of Nigeria (CBN). This...
Commercial and merchant banks across the country have adjusted their lending rates in response to the Central Bank of Nigeria’s (CBN) recent decision to raise the...
The Federal Government has disclosed that it pays $1.12 billion to service foreign debts in the first quarter of 2024 alone. This amount shows the escalating...
The Democratic Republic of Congo (DRC) received a positive review from the International Monetary Fund (IMF) on Wednesday in a crucial step toward completing its first-ever...
