Nigeria’s public debt has surged by N47.32 trillion within a year, climbing from N97.34 trillion in December 2023 to N144.67 trillion at the end of...
Nigeria’s external debt is projected to rise to $45.1 billion by the end of 2024, raising alarms about a potential debt crisis as the...
A Nigeria’s Debt Management Office (DMO) investor call aimed at securing dollar investments was unexpectedly interrupted by a pornography video on Thursday. The incident, which occurred...
Nigeria’s public debt has soared to ₦121.67 trillion ($91.46 billion), according to the latest data from the Debt Management Office (DMO). This increase is largely attributed...
The Federal Government of Nigeria borrowed N20.1 trillion from domestic investors in the first year of President Bola Tinubu’s administration, marking a 117% year-on-year increase. This...
In a revealing disclosure, it has come to light that 13 newly appointed state governors have collectively amassed a staggering debt of N226.8 billion within the...
The Debt Management Office (DMO) has disclosed that Nigeria’s total public debt has risen to $108.3bn (N49.8trn). In a statement on Friday night, DMO stated that...
The Debt Management Office (DMO) has issued a warning to the Federal Government against additional borrowing, citing that 73.5 per cent of this year’s revenue will...
The Federation Account Allocation Committee (FAAC) at its meeting, yesterday, shared N786.161 billion between the three tiers of government as federation allocation for the month of...
Financial experts have urged President Muhammadu Buhari’s regime to raise the country’s oil production quota and expand the tax net to check the rising debt profile...