Debt

Nigeria May Have To Borrow To Service Debt By 2025 If Precautions Are Not Taken, Says Economist Paul Alaje

“I am really surprised that it is mentioned in the public space now that we want to securitize ways and…

11 months ago

UN Proposes Cutting Debt of Most Vulnerable Nations

"The countries most burdened by debt and lack of access to financing are also being battered by multiple other crises

2 years ago

NNPCL’s Total Outstanding Petrol Subsidy Debt Hits N1.04tn

The amount spent on petrol subsidy in July exceeded the total oil sold for the month by roughly N48 billion.

2 years ago

Nigeria’s Debt Service Hits N1.94trn, Overwhelms Revenue by N310bn

Debt service cost outstripping the country’s revenue is an indication of dangers ahead; policymakers must implement reforms to save the…

2 years ago

Nine African Countries in Debt to UN Lose Voting Rights

UN chief Antonio Guterres has said nine African nations and Iran should lose their voting rights as required under the…

4 years ago