Nigeria spent $817.4 million (N1.26 trillion) on debt servicing between January and February 2025, according to new figures released by the Central Bank of Nigeria (CBN)....
Nigeria’s debt profile continues its upward trajectory with total debt stock rising to N134.30 trillion by the end of the first half of 2024, according to...
About 26 days to end of the year, the Nigerian government said it launched a dual-tranche Eurobond offering under its Global Medium Term Note Programme to...
Nigeria’s public debt stock which includes external and domestic debt rose to N134.30 trillion ($91.35 billion) in Q2 2024 from N121.67 trillion ($91.46 billion) in Q1...
Nigeria’s fiscal state has reached alarming levels as a recent report by BudgIT, a public accountability firm, reveals that the Federal Government (FG) spent more than...
Nigeria’s Finance Minister, Wale Edun, has said the country’s debt service to revenue ratio has decreased from 97% in 2023 to 68% in 2024. Addressing journalists...
Ghana’s economic recovery faces significant hurdles as the nation grapples with a $2.2 billion dispute over arrears with its electricity suppliers. Despite recent progress in restructuring...
The Federal Government of Nigeria has cleared a backlog of debts amounting to $850 million owed to European airlines. This development was announced by Samuela Isopi,...
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...
Kenya’s sovereign dollar bonds experienced a sharp decline following President William Ruto’s decision to abandon a $2.3 billion fiscal plan aimed at balancing the budget and...