Nigeria witnessed a significant jump in the amount used in servicing its debt in 2023, jumping by a whopping 121 per cent as against...
A powerful software developed by the Commonwealth Secretariat is being deployed in Nigeria to transform how the country manages its public debt portfolio of US $114.35...
A total of $3.07 billion, out of the $6.11 billion dollar inflows into Nigeria, representing 50 per cent of Nigeria’s dollar payments, was used...
The United Bank for Africa (UBA) Plc has taken over the assets of Stallion Nigeria Limited and its subsidiaries in Lagos, Port Harcourt and Kano following...
The President of the Senate, Sen. Godswill Akpabio has highlighted the importance of boosting revenue generation as a means of checking Nigeria’s current trend...
Amid a headwind of challenges ranging from multiple taxation, forex scarcity, and low patronage of locally produced goods, the debt owed by manufacturers to banks in...
Financial experts have warned that the President Bola Tinubu administration is facing a debt crisis as Nigeria gradually slips into insolvency over the huge debt burden...
Nigeria, Africa’s most populous nation and the largest economy on the continent, is facing an alarming issue that threatens its financial stability and future prospects. The...
The Nigerian Bureau of Statistics has confirmed that Nigeria’s public debt grew at a rate of 75.27% on a quarter-on-quarter basis. The NBS disclosed...
The world’s collective debt has skyrocketed to $235 trillion, with the United States and China contributing a substantial 50% portion at $117.5 trillion cumulative. This data...
