Nigeria’s Public debt hits N49 trillion
The Debt Management Office (DMO) said the total public debt stock of Nigeria as at March was N49.95 trillion (108.30 ...
Tag: Debt
Debts Upon Debts! Supreme Court Rules Against Honeywell Flour, As Firm Struggles With N67.02bn Loans
Ten months after acquiring a controlling share in Honeywell Flour, Flour Mills of Nigeria (FMN) is on the verge of ...
Outgoing Governors Stack N5.8tn Debts For Incoming Governors
The Federal Capital Territory Minister and the 28 state governors who are leaving down on May 29 or running for ...
Nigeria Debt: Buhari Can Borrow Till Eternity – APC National Chairman
The national chairman of the APC, Abdullahi Adamu, has said that President Muhammadu Buhari’s government can borrow money “till eternity” ...
Government Funding From CBN To Hit N23.2trn As Debt Servicing Outweighs Revenue
Analysts have projected that the CBN financing of government through ways and means would hit N23.2 trillion by end of ...
IMF Expresses Worry Over Nigeria’s Debt Profile
The International Monetary Fund (IMF) has disclosed gave Nigeria $6.8 billion in facilities between 2020 till date, following the outbreak ...
Nigeria’s Debt To Soar Further As FG Moves To Borrow N5 Trillion In 2022
The Nigerian government says it will borrow 5.012 trillion to finance its budget deficit in 2022, further complicating the country’s ...
DMO Debunks Report Listing Nigeria Among High-Risk Debt Nations
The Debt Management Office (DMO) has said news making the rounds that the World Bank had listed Nigeria among 10 ...
World Bank List Nigeria, Nine Others High Risk Debt Nations
Nigeria has been listed by the World Bank among top 10 countries with high debt risk exposure. #Nigeria #World Bank
EKEDC Allegedly Throws UNILAG Into Total Darkness Over ₦200M Debt
The University of Lagos (UNILAG), Akoka, Yaba, Lagos, has been thrown into darkness by the Eko Electricity Distribution Company (EKEDC) ...
