Echoes of Nigeria’s rising debt
Nigeria’s unending resort to local and foreign borrowings to fund budget deficits and infrastructural projects has been of concern to ...
Tag: Debt
Nigeria not debt distress, needs more revenue, says DMO
The Debt Management Office (DMO), says Nigeria does not face the risk of experiencing “debt distress” due to its 15.9 ...
Take urgent steps to halt Nigeria’s rising debt
Some stakeholders in the country’s economic sector have advised the Federal Government to take steps to halt the rising national ...
Nigeria’s debt could hit N45.9trn
The Lagos Chamber of Commerce and Industry (LCCI) has predicted that Nigeria’s total debt stock was expected to hit N45.86 ...
Nigeria recovers N53.5bn of N5.2trn MDAs’ debt
The Federal Government of Nigeria has recovered N53.5 billion out of N5.2 trillion from the debt owed its by Ministries, ...
Nigeria’s public debt set to peak at N45tn in 2022
The total debt stock of Nigeria is likely to reach N45 trillion as the Debt Management Office (DMO) plans to ...
Nigeria’s public debt hits N39trn
The Debt Management Office (DMO), says Nigeria’s public debt as at December, 2021 is N39.55 trillion. Patience Oniha, the Director-General ...
Court of Auditors criticises France’s escalating public debt
France’s Court of Auditors has criticised the escalating public debt accumulated by the country during the pandemic so far and ...
DMO, IMF differ over Nigeria’s debt sustainability
The Debt Management Office (DMO) has faulted the projection of the International Monetary Fund (IMF) that Nigeria might spend over ...
Blocking illicit financial flow will reduce Nigeria’s debt
Civil Society Legislative Advocacy Centre (CISLAC) on Wednesday said blocking revenue leakages and Illicit Financial Flows (IFFs) would help in ...
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