Nigeria to Struggle Amid low Oil Prices, Weak Reserves President Muhammadu Buhari on Monday sets up a new committee to review the impacts of low oil...
FG to Borrow $22.7 billion as Senate Approves Buhari’s Request The Senate on Thursday approved President Muhammadu Buhari’s request to borrow an additional loan of $22.7...
Nigeria’s Debt Service to Revenue Remains High at 51% – DMO The Debt Management Office (DMO) has said Nigeria’s debt service to revenue generation remains higher...
Buhari Seeks Approval for $29.96bn Loan The Federal Government is seeking Senate approval for a $29.96 billion 2016-2018 external borrowing plan. President Muhammadu Buhari had approached...
Nigeria’s Revenue to GDP is Low says IMF The International Monetary Fund has said Nigeria’s revenue to GDP is low and poses a threat to the...
Reps Query FG On Failed $460m Abuja CCTV Project The Chairman House of Representative on Finance, James Faleke, at the 2020 budget defence on Thursday queried...
Nigeria to Borrow Another $3b from World Bank Despite Nigeria’s debt hitting N25.7 trillion in the first half of the year, the Federal Government has approached...
FG Agrees Debt Servicing a Challenge Days after the International Monetary Fund advised President Muhammadu Buhari to raise the tax rate in order to meet Nigeria’s...
Nigeria’s Debt Rises by 5% to N25.7trn in H1, 2019 Nigeria’s total debt rose by 5.11 percent in the first half of 2019 to N25.7 trillion,...
IMF Warns Nigeria, Others on Rising Chinese Debt The International Monetary Fund (IMF) has warned Nigeria and other African nations taking loans from China to be...