The Central Bank of Nigeria (CBN) has disclosed that a sum of N57.35 billion ($187.7million) was spent by the federal government on debt services/payments between January...
In the recently published May 2017 Central Bank Monthly report, Nigeria earned a total revenue of about N185.6 billion the lowest monthly collection since May...
By Odunewu Segun Nigeria has given the hints that it may jettison the idea of getting more loans to finance the 2017 budget, but it would...
By Adedeji Fakorede Lagos State had a local debt stock of N311.7 billion as at Dec. 31, 2016, according to the Debt Management Office. The state,...
Lagos, Kaduna, Edo top list of foreign debtors By Odunewu Segun Nigeria’s foreign debt has risen to $11.41bn from the $10.72bn it was as at December...
By Odunewu Segun Nigeria’s debt profile is on the rise, estimated to be around $57.3 billion at the moment, it could hit the $60bn mark soon...
By Odunewu Segun Nigeria’s total debt as at December 31, 2016 rose to $57.39bn, the equivalent of N17.36 trillion comprising $11.41bn (N3.48 trillion) foreign debt and...
As Nigeria’s debt profile ramps up, the federal government has assured Nigerians it is not out of hand yet, and the finance ministry is planning to...
Some of the 33 governors whose states benefitted from the recent refund of N553 billion excess deductions are desperate to keep details of the financial transactions...
By Chioma Obinagwam The Director General (DG) of Debt Management Office (DMO), Dr. Abraham Nwankwo, has called on Nigerians to be more creative and support the...
