Mr. Peter Obi, the Presidential candidate of the Labour Party in the 2023 general election, has expressed concern about the nation’s rising debt profile saying that...
Borrowings by Nigeria’s federal government increased by 278.03 per cent between 2015 and 2021. This according to public debt data as of December 31, 2021 released...
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 OBINNA EZUGWU The Debt Management Office has clarified that Nigeria’s total debt to China as of March 31, 2020 stood at USD3.121 billion, representing only...
OBINNA EZUGWU Latest figures from the National Bureau of Statistics (NBS) show that Nigeria’s total debt portfolio stands at N28.63trillion as at 31st March, 2020. The...
By Dr. Vincent Nwani With the Nigeria’s total debt now in excess of $84 billion, the external debt component accounting for over $27 billion and debt...
On the surface of things, experts have never outrightly discouraged borrowing, whether by individuals, corporate entities or nations. This is because there is a sense in...
By TESLIM SHITTA-BEY Nigeria’s rambling debt stock continues to raise doubts amongst analysts about the African nation’s financial health. Indeed as the country’s gross domestic output (GDP)...