Nigeria's foreign reserves increased by $250 million in the last seven days to $39.138 billion despite the country redeeming a $300 million diaspora bond.
The Debt Management Office (DMO) has said the Federal Government of Nigeria redeemed a US$300 million diaspora bond on June 27, 2022. According to a statement...
According to Nigeria’s Debt Management Office (DMO), Nigeria’s total public debt rose by 5.2% quarter on quarter (q/q) or N2 trillion from N39.5 trillion at end-December...
The World Bank Group has said COVID-19, the ongoing Ukraine war and rising global interest rates have pushed public debt in Nigeria and other low and...
Nigeria’s rising borrowing amid low revenue generation continues to drag on the nation’s resources and development as shown by the latest report from the Debt Management...
The Central Bank of Nigeria (CBN) has revealed that loans obtained by Information and Communication Technology (ICT) firms have risen to a sum of N982.87bn in...
The Central Bank of Nigeria (CBN) has cried out over the refusal of the majority of farmers who benefited from the Anchor Borrowers’ Programme (ABP) to...
Business tycoon, Aliko Dangote has finalized plans to seek over N300 Billion ($750 million) through bonds to complete his refinery project in Lagos State. Investors King...
Speaker, House of Representatives, Hon. Femi Gbajabiamila has said African speakers are pleading for debt cancellation instead of relief. While hosting the Conference of Speakers and...
According to Nigeria’s Debt Management Office (DMO), Nigeria’s total public debt rose by 4.1% or N1.5trn from N38trn at end-September ‘21 to N39.5trn at end-December 2021....