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Debt
99 posts
Nigeria not restructuring debt, says Debt Office
. As multilateral lenders offer common framework for sustainability assessment By Clara Nwachukwu The Federal Government yesterday insisted…
UNDP calls for urgent debt relief for 54 countries
The United Nations Development Programme (UNDP), has asserted that rich countries have the resources to end the debt…
World Bank approves $750m credit to boost Nigerian reforms
The World Bank has approved the sum of $750 million credit line for Nigeria to help the 36…
How fuel subsidy pushed borrowing plan by N1trn by DMO
The Debt Management Office (DMO), yesterday explained how Nigeria’s public debt stock has been on the increase this…
IMF team heads to Ghana to discuss loan programme request
The International Monetary Fund confirmed on Sunday that a staff team will visit Ghana this week to continue…
Nigeria’s debt stock hits N42.84tn in Q2’22
Nigeria’s total public debt stock has risen to N42.84 trillion as of the end of the second quarter…
Nigeria needs to earn more revenue to reduce borrowing, says DMO
The Director-General, Debt Management Office (DMO), Patience Oniha, says Nigeria needs to earn more revenue and manage its…
Reps probe NPA, Terminal Operators over $68.473m debt
The House of Representatives’ Public Account Committee (PAC), says it is investigating the Nigerian Port Authority (NPA), and…
AMCON returns Standard Shoe Co. to Imo govt
The Asset Management Corporation of Nigeria (AMCON), on Friday, in Abuja, handed over the original title documents of…
Nigeria’s foreign, domestic debts unsustainable, says NACCIMA
Nigeria’s total foreign debt as at March this year stood at $40 billion, increasing from $38.4 billion last…