Tag: debt

The reality is that the world has been torn apart by this corrosive, selfish ambition of states couched in nationalistic ...

“The natural resource-backed loans are non-transparent, expensive and make debt resolution difficult.”

Lagos State recorded the highest external debt with US$ 1.26 billion, followed by Kaduna with US$569.38 million

Mr Buhari had in a letter in 2022 requested that the N22.7 trillion Ways and Means loan should be converted ...

The figure reflects a 14.46 percent increase when compared to N39.56 trillion recorded on 31 December, 2021.

Moody's, last week, cut the country’s foreign currency senior unsecured MTN program rating to (P)Caa1 from (P)B3.

Ogun State commissioner for Finance, Dapo Okubadejo, says the state is economically viable to carry its debt burden.

The immediate challenge for the next government is to stabilise the economy. This might require selling some of what remains ...

In the tiff between Onanuga and Alake on one side and Obaigbena on the other, the ordinary people of Nigeria ...

The DMO advised interested investors to contact Greenwich Merchant Bank Limited, Vetiva Capital Management Limited and Stanbic IBTC Capital Limited ...

The IMF says there has been no improvement in the nation’s budget deficits because of large energy subsidies, but also ...

The bank doubts that is possible, saying it is unlikely the world will meet the goal of ending extreme poverty ...

Peter Obi, Tinubu and Atiku Although most commentators imagine we would end up across the table from the IMF agreeing ...

The Anambra State Government is facing financial crisis, the governor said.

We potential sit on the precipice. This time it is potentially for real and all we need is a trigger ...

Of over N3 trillion borrowed, only N773.63 billion went to capital projects -- which should include projects such as roads, ...

Debt servicing is featuring prominently in the N10.3 trillion budget announced by President Buhari on Tuesday.

The debt rose from N24.387 trillion.

Mr Buhari says the National Assembly increased by N12 billion amounts approved for Delta and Taraba States.

"The nation’s debt as at today was $73 billion, an increment of $10 billion from the $63 billion inherited in ...

“When it comes to the debt problem, there really is not that much Chinese debt in Africa.”

Only 350 Nigerians are responsible for more than 80 per cent of the N5.4 trillion AMCON debt portfolio.

The marketers say the debt is killing their operations.

The minister says Nigerians should be more concerned about what the money is being used for.

The U.S. had criticised the increasing debt of some African countries.