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Nigeria’s Debt Rises To N49.8trn – DMO

The Debt Management Office (DMO) has disclosed that Nigeria’s total public debt has risen to $108.3bn (N49.8trn).In a statement on Friday night, DMO stated...

Debts Hit N22.57tn as FG Seeks Fresh N819bn Loan

President Muhammadu Buhari , is seeking the National Assembly’s approval for a N819.54bn supplementary budget, which it planned to finance through domestic borrowing.This is...

Oyetola took N18bn Loan After Losing Election, Left N407.32bn Debt  – Adeleke

The Governor of Osun State, Ademola Adeleke, has disclosed that his predecessor, Gboyega Oyetola, took N18 billion loan after he lost the July 16th,...

Nigeria’s Debt Sustainability Now Threatened – DMO

The Debt Management Office (DMO), which oversees the government’s debt issuance and management, has raised an alarm of the country's debt sustainability being under...

FG To Reduce Nigeria’s Reliance On Debt

The federal government has expressed its plan to bring investment to different sectors of the economy so as to reduce Nigeria’s reliance on debt.The...

I Won’t Leave Debt For My Successor – Gov Wike

The Rivers state governor, Nyesom Wike, has stated that he plans to hand over a debt-free economy for his successor to build on.Wike made...

CBN Appeals against N38bn Judgment Debt

The Central Bank of Nigeria (CBN) has appealed the judgment of the Federal High Court, which ordered the garnishee of the sum of N38...

Telcom Operators Threaten to Cut Off Banks’ USSD Over N80 billion Debt

The Association of Licensed Telecommunications Operators of Nigeria (ALTON) says it might be forced to stop Unstructured Supplementary Service Data (USSD) services because banks...

House of Reps Lament as Nigeria’s Debt Reaches an All-time High of N42.84trn

The House of Representatives at the resumption of plenary yesterday joined the growing number of Nigerians that had expressed concern that the country might...

FCTA inaugurates 9 man committee to recover N29bn debt

Joyce Remi-BabayejuThe FCT Permanent Secretary, Adesola Olusade has inaugurated a Coordinating 9 man Committee on the Recovery of Outstanding Ground Rents of...

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