BY EMEKA EJERE Plan by the federal government to add N6.3tn new debts to Nigeria’s current debt stock, with little or no possibility of improvement in...
Latest figures from the Debt Management Office (DMO) show that Nigeria’s total public debt increased by 20.2 percent to N39.56 trillion ($95.77 billion) as at December...
Nigeria’s federal government spent a sum of $1.82 billion on external debt servicing in the first nine months of the year, ended September 30, 2021. This...
BY EMEKA EJERE There are concerns that although Nigeria is still within the appropriate debt ratio, more borrowings would put the country in unfavourable conditions, which...
Data from Nigeria’s Debt Management Office (DMO), have shown that the country spent N1.47 trillion on debt servicing payments in the first half of 2021. In...
BY EMEKA EJERE Nigeria’s debt profile is expected to be in the neighborhood of N50 trillion if the current attempt by the federal government to obtain...
OBINNA EZUGWU Nigeria’s federal government has justified President Muhammadu Buhari’s borrowings, insisting that the various loans including the foreign debt that it is taking are not...
Uche Chris Worsening economic performance is threatening to force the country into a debt over-hang as the government continues to amass more loans, which have ballooned...
By Okey Onyeaweaku Despite the federal government’s effort to downplay the threat of a huge debt challenge hanging heavily on the neck of every citizen of...
