Russia writes off $23bn debt for Africa – Putin
St. Petersburg (Russia) July 29, 2023: Vladimir Putin, Russian President, says the Russian Government has written off $23 billion debt ...
Tag: Debt
Zambia debt restructuring to save $7.7bn by 2026, IMF says
Johannesburg, July 14, 2023: International Monetary Fund (IMF) on Friday said Zambia’s long-delayed external debt restructuring will save the southern ...
FG intensifies debt recovery, urges MDAs to key
Asaba, July 5, 2023: The Federal Ministry of Finance, Budget and National Planning (FMFBNP), has urged all federal Ministries, Departments ...
Nigeria’s debt hits N49trn
Abuja, June 26, 2023: The Debt Management Office (DMO) said the total public debt stock of Nigeria as at March ...
Nigeria’s debt worries DMO, wants immediate rise in revenue
The Debt Management Office (DMO) has issued a warning to the Federal Government (FG) against additional borrowing, citing that 73.5% ...
Nigeria’s borrowings justifiable – Agba
Uzanu (Edo), 2023: Former Minister of State for Budget and National Planning, Mr Clem Agba, has described as sound and ...
Budget deficits, low revenue cause of rising debt
The Debt Management Office (DMO) says decades of operating budget deficits by successive governments is responsible for Nigeria’s high debt ...
Securitisation of CBN’s N22.7trn advances will reduce debt service burden
A financial expert, Prof. Uche Uwaleke, says the securitisation of the Central Bank of Nigeria’s (CBN) N22.7 trillion Ways and ...
Debt dangers in Africa: how defaults hurt people, and why forgiveness isn’t the answer
By Philippe Burger, Dean of Faculty of Economic and Management Sciences, and Professor of Economics, University of the Free State ...
ECA advises member states on debt management strategy
The Economic Commission for Africa (ECA), has urged African countries to institute effective debt management strategies to boost economic growth ...
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