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Debt
99 posts
Nigerians raise concern over growing debt amid improved revenue claims
Many Nigerians have continued to raise concern over the Federal Government’s borrowing spree in spite of claims that…
DMO seeks effective debt management practices for sustainable economic devt
The Debt Management Office (DMO) on Tuesday urged sub-national entities in Nigeria to ensure effective debt management practices…
Borrowing: Experts task Tinubu on moderation amid Nigeria’s rising debt
Some economic experts have urged President Bola Tinubu’s government to moderate borrowing to check the country’s debt profile.…
Sahara Energy closes $225m facility to drive global expansion, sustainability
By Izuchukwu Mayor, Lagos Sahara Energy Resource Limited has announced the successful closing of a $225 million unsecured,…
Alleged contempt: CBN, firm agree to settle out of court
The Central Bank of Nigeria (CBN) and a private firm, Melrose General Services, on Monday agreed to settle…
TCN cries out over N457bn outstanding debt by NESI
The Transmission Company of Nigeria (TCN) says it is owed N457 billion as of March for services rendered…
Nigeria issues N50bn Green bond to boost climate finance
Director-General of the Debt Management Office (DMO), Dr. Patience Oniha, says Nigeria is taking a significant step in…
‘Fiscal borrowings to remain high in the medium term’
On May 27, the President formally requested the National Assembly’s approval for the 2024–2026 external borrowing plan for…
Nigeria fully repays IMF’s $3.4bn rapid financing instrument
By Tochukwu Bliss, Abuja As of April 30, 2025, Nigeria has fully repaid the financial support of about…
Reps to probe CBN’s N200bn loan to DisCos
By Tochukwu Bliss, Abuja The House of Representatives, yesterday, said it will open an investigation into the disbursement…