The pandemic has led to an unprecedented increase in debt—issued by governments, nonfinancial corporations, and households the IMF estimated in the latest Fiscal Monitor report. In...
Nigeria’s rising debt profile has continued to gulp more revenue despite efforts to rein in leakages and up revenue generation. In the first half of 2021,...
Nigeria spent N445.4bn on debt servicing payments in the second quarter of this year, the latest data obtained from the Debt Management Office have shown. From...
The Federal Government of Nigeria has raised a fresh $4 billion through Eurobonds, according to the latest statement from the Debt Management Office (DMO). Nigeria had...
The World Bank has stated that Nigeria is among a list of top 10 countries with high debt risk exposure. It stated this in the financial...
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...