The World Bank’s recently released Macro Poverty Outlook for Nigeria has highlighted the nation’s constant fiscal deficit as a major contributor to its public debt stock....
The Federal Government has received approvals for a $1.8 billion loan from the Islamic Development Bank.
Nigeria’s total public debt stock is now N42.84 trillion, or $103.31 billion as of June 2022
Financial experts have raised concerns over Nigeria’s external and domestic debts which have, as at December 31, 2021, risen to N39.556 trillion ($95.779 billion), from N32.915...
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...