The latest report from the Debt Management Office (DMO) has revealed that the Federal Government spent a total sum of N612.71 billion on domestic debt servicing...
The Debt Management Office (DMO) has said Nigeria’s total debt rose by N191 billion in the first quarter of 2021 to N33.107 trillion from N32.916 trillion...
The Asset Management Corporation of Nigeria is currently pursuing bad debts of about 3,000 debtors in various courts in the country. It disclosed this on Sunday...
The World Bank Group yesterday rejected request by African heads of state for cancellation of their countries’ debts, saying the world has moved past that line...
President Muhammadu Buhari, on Tuesday, urged the Senate to approve a new external loan of N2,343,387,942,848.00, about $6.183billion, for the Federal Government to finance the 2021...
The coronavirus-induced recession has seen countries that were already battling a skyrocketing national debt plunge into more crisis. Data analyzed by Finbold indicates that the top five countries...
Nigeria Has $5.83bn Undisbursed Foreign Loans – DMO Nigeria has more than $5.83bn foreign loans that have been approved but not yet disbursed, the Debt Management...
Investors Oversubscribed for Total Nigeria N30 Billion Commercial Paper Investors oversubscribed for Total Nigeria Plc 5 billion Series 1 and 2 Commercial Paper, according to the...
Nigeria’s Debt, Personnel Gulp N6.46 Trillion in Cost in 2020 -Finance Minister The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said Nigeria...
World Bank Approves $1.5 Billion New Facility for Nigeria The World Bank has approved a $1.5 billion loan request submitted by the Federal Government of Nigeria...