Debt

The Centre for the Promotion of Private Enterprise has said that Nigeria’s debt, including that of the Asset Management Corporation of Nigeria and borrowings...

The Federal Government of Nigeria is expected to pay the International Monetary Fund a total of $3.51bn between 2022 and 2026 to offset a...

China’s Foreign Minister Wang Yi on Thursday rejected suggestions that Beijing was luring African countries into debt traps by offering them massive loans, dismissing...

The Nigerian Civil Aviation Authority (NCAA) has shut down Globacom (Glo) facility in Wuse 2 Abuja over a N4.7bn debt.The exercise was led by...

The IMF said Monday it had approved the fifth and final round of debt relief under a program meant to help the world’s poorest...

Nigeria’s total public debt rose by N2.54 trillion, from N35.465 trillion at the end of the second quarter of 2021, to N38.005 trillion ($92.626...

After debt loads surged last year amid the pandemic, governments now must take care to ‘calibrate’ spending, the IMF said Wednesday.Global debt in 2020,...

Operatives of the Lagos State Police Command have arrested a man, Oluchi Okoye for tying his debtor over ₦4.6m Debt.Spokesman of the State Police...

The rate at which Nigeria’s public debt has increased in the last six years is unprecedented, alarming, and unsustainable. From $10.31 billion at the...

The Federal Government has raised concerns over a 37 billion naira debt owed by airlines.The Minister of Aviation, Hadi Sirika told a media conference...