The International Monetary Fund has said about 15 per cent of low-income countries are already in debt distress. In a new report titled ‘Confronting fragmentation where...
The Debt Management Office (DMO) said Nigeria’s total public debt stock, which was N41.60 trillion (100.07 billion dollars) in March rose to N42.84 trillion...
The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed that the federal government spend N4.2tn on debt servicing between January and November 2021. She...
The Federal Government of Nigeria has raised the borrowing limit to accommodate more loans. Nigeria’s current debt portfolio of N33.11 trillion can now be extended to...