The Director, Special Projects, Federal Ministry of Finance, Aisha Omar, has said the ministry has so far recovered N57 billion from the N5.2 trillion owed by...
The African Development Bank’s Chief Economist, Kevin Urama, says debt for growth for countries on the continent should not carry any negative connotation. Urama, also the...
Oyo State Government has said that the Accountant-General of the state, Mrs Kikelomo Adegoke, did not contradict the position of Gov. Seyi Makinde on the payment...
The Asset Management Corporation of Nigeria (AMCON) has blamed high interest rates, non-collateral interventions as some of the factors hindering the recovery of N4.7trillion debt owed...
The federal government’s debt service to revenue ratio has increased to 183 percent in the first quarter of 2023. This information was revealed in the budget...
Nigeria is currently managing a significant amount of debt owed to the World Bank. According to data obtained from the World Bank’s website, Nigeria is servicing...
Research by ONE has revealed that African countries will pay $56 billion more on debt raised on capital markets between 2017 and 2021. The research also stated...
In recent times, the media has been awash with news about the huge debt burden that the incoming government would inherit from the President Muhammadu Buhari...
By Seun Ibiyemi The Federal government has uncovered monumental debts of approximately N5.2 trillion. This was stated by the Director, Special Project, Federal Ministry of Finance,...
Debt service gulped N6.16tn in 16 months, according to the 2023-2025 Medium Term Expenditure Framework & Fiscal Strategy Paper. In 2021, the Federal Government spent N4.22tn...