Nigeria’s debt to GDP ratio in 2018 was 16.1%, which is still in safe thresholds. Gross Domestic Product (GDP) for full year 2018 was $397.2 billion...
Nigeria has spent a total of N7.04 trillion to service both domestic and external debts under President Muhammadu Buhari’s administration alone, latest statistics from the Debt...
The federal government spent a total of $357.26m in the first three months of the year to service external debt, the Debt Management Office has disclosed....
The African Development Bank (AfDB) has revealed that Nigeria spends more than 50% of its revenue on debt servicing. Speaking on the West Africa Economic...
The Budget Office was gathered to have revealed that the Federal Government spent N1.54 trillion to service debt obligations to local and foreign debtors between January...
The Federal Government is to apply $3 billion in refinancing the legacy debts of the immediate past government, the Minister of Finance, Mrs. Kemi Adeosun, has...
