Irish leader sees Africa likely to increase debt service in 2024
President Michael Higgins of Ireland, says Africa is likely to pay 163 billion dollars in 2024 in debt service, up ...
Tag: Debt
DMO finally releases Nigeria’s actual debt
Abuja, March 23, 2024: Nigeria’s public debt stock as at Decemer 2023 was N97.341 trillion ($108.229 billion), according to data ...
FG ready to clear N1.5trn debt owed contractors – Umahi
Abuja, Jan. 12, 2024: The Federal Government says it is set to pay up the N1.5 trillion debt owed contractors ...
Improved revenue as panacea to Nigeria’s debt challenge
Abuja, Dec. 29, 2023: Nigeria’s total public debt stock, according to the Debt Management Office (DMO) in.a recent computation, hit ...
Ethiopia becomes third African state to default on sovereign debt
Abuja, Dec. 27, 2023: Ethiopia became Africa's third default in as many years on Tuesday after it failed to make ...
N22trn ways, means responsible for increase in domestic debt – DMO
Abuja, Dec. 22, 2023 (NAN) The Debt Management Office (DMO), says there was a sharp increase in Nigeria’s total domestic ...
Nigeria’s public debt stock now N87trn – DMO
Abuja, Dec. 21, 2023: Nigeria’s total public debt stock hit N87.91 trillion (114.35 billion dollars) as of Sept. 30, according ...
Developing countries pay $443.5bn on public debt in 2022 – World Bank
Abuja, Dec. 14, 2023: The World Bank’s latest International Debt report says developing countries spent a record 443.5 billion dollars ...
Non-interest financing, equity, solutions to huge debt crisis – FG
Abuja, Dec. 7, 2023: Mr Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, says non-interest and ...
FRC Chairman proposes formula for sub-national debt sustainability
Ilorin, Nov. 23, 2023: The Executive Chairman, Fiscal Responsibility Commission (FRC), Mr Victor Muruako, has called for the implementation of ...
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