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...
The World Bank has raised concern about Nigeria’s rising debt service cost, saying it could incapacitate the nation from necessary infrastructure development and growth. The multilateral...
El-Rufai Advice the Government to Focus on More Tax Collections, Not More Borrowings At the 22nd Annual Tax Conference of Chartered Institute of Nigeria held on...
Buhari Plans to Borrow An Additional Loan of US$1.2 Billion from Brazil President Muhammadu Buhari is in talks with Brazil to borrow another $1.2 billion loan...
Nigeria Plans to Borrow N6.17 Trillion in 2021 – Minister of Finance The Federal Government will borrow a total sum of N6.17 trillion in 2021 fiscal...
National Debt Will Rise to N38 Trillion by December 2021 The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, on Tuesday said the nation’s...