Amid fresh threats from COVID-19 variants and a rise in inflation, debt, and income inequality, the global economy is entering a pronounced slowdown that could endanger...
The World Bank has said the Central Bank of Nigeria’s large and growing financing has made Nigeria’s rising debt costly and vulnerable. The Washington-based global financial...
No end in sight for Nigeria’s rising debt profile despite the country’s vast natural resources and human capital. A recent report from the country’s Debt Management...
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...