Nigeria’s public debt has surged by ₦57.3 trillion over the past 18 months, escalating from ₦87.38 trillion in June 2023…
Browsing: Debt
Popular Canadian singer, Justin Bieber has come out to blast reports claiming he is broke and in debt. He recently…
Popular Nollywood actor and skitmaker, Mr Macaroni has come out to say that he incurred more than N500 million in…
The Federal Government has deducted N800 billion from state allocations to service Nigeria’s mounting foreign debt, a move that has…
The International Monetary Fund (IMF) has expressed concerns over Nigeria’s debt servicing burden, noting its significant impact on the country’s…
Former Minister of Education, Oby Ezekwesili has come out to slam the Presidency over the recent purchase of a new…
The Federal Government through the Central Bank of Nigeria has raised a total sum of N284.26bn in the latest Nigerian…
The Debt Management Office (DMO) of Nigeria has announced that the nation’s total public debt has increased significantly to N121.67…
The Federal Government has set aside N16.1 billion monthly for the settlement of N1 trillion debts owed by state governments.…
In a significant financial development, Ghana has successfully finalized a debt restructuring deal with its creditors, amounting to $5.4 billion.…
In a remarkable display of fiscal management, 11 newly elected governors in Nigeria have collectively achieved a noteworthy reduction in…
Infostride News reported that the Independent Petroleum Marketers Association of Nigeria (IPMAN) is on the brink of suspending its operations…
Nigeria, under the leadership of President Bola Tinubu, has successfully secured a substantial sum of $2.7 billion in loans from…
Infostride News reported that Nigeria’s total external debt stock experienced a noteworthy decline of $1.57 billion in the third quarter…
Nigeria witnessed a staggering increase of 277.64% in external debt servicing during the third quarter of 2023, as revealed by…
InfoStride News reported on Thursday that global debt has surged to a historic high of $307.4 trillion in the third…
Samuel Ortom, who served as governor of Benue State until his replacement, Hyacinth Alia, took office, has stated that his…
Efforts by the Nigerian cryptocurrency trading firm, Patricia Technologies, to transform its clientele’s assets into equity stakes within the organization…
The International Monetary Fund (IMF) has provided an assessment of Nigeria’s total public debt, which stands at N87.3 trillion ($113.4…
In 2022, the Nigerian Federal Government grappled with a significant fiscal crisis, concluding the year with a staggering fiscal deficit…