Browsing Tag
Nigeria Debt
16 posts
We did not borrow all N80tn – Nigerian govt clarifies
The Federal Government has denied claims that President Bola Tinubu’s administration borrowed about N80tn within three years. According…
Nigeria’s Debt Has Reached “Critical Point” – Reps Speaker Abbas Raises Alarm
The Speaker of the House of Representatives, Abbas Tajudeen, has warned that Nigeria’s rising debt profile has reached…
Nigeria’s debt rises by N47tn, to hit N144.67tn
Nigeria’s public debt increased by 48.58 percent to N144.67 trillion as of December 2024 from N97.34 trillion recorded…
Revenue Not Enough, We Need To Borrow More – Tinubu’s Ministers
The Minister of Finance, Wale Edun and the Minister of Budget and National Planning, Atiku Bagudu, have said…
Nigeria’s Debt To World Bank’s IDA Hits $17 Billion
Nigeria’s debt to the World Bank’s International Development Association (IDA) has reached $17.1 billion since September 30, 2024.…
Every Nigerian now owes N619, 501 according to debt per capita report
A data review for the second quarter debt portfolio of the country released by the National Bureau of…
Nigeria Becomes Third-Largest Debtor to World Bank’s IDA, Overtakes India
Nigeria has climbed to third place among the World Bank’s International Development Association (IDA) debtors, with its debt…
Presidency Releases Details, Facts About Nigeria’s Debts Under Tinubu
The presidency has given more details about Nigeria’s debt condition under the administration of President Bola Tinubu. Presidency…
FG repaying 69 loans obtained by ex-presidents, World Bank declares
The World Bank Group Finances has revealed that the Federal Government is still repaying $10.6bn in loans obtained…
Nigeria’s Public Debt Increased By ₦24.33 Trillion In Three Months – DMO
Nigeria’s total public debt has surged to a staggering ₦121.67 trillion as of March 31, 2024, marking a…
BREAKING: Rivers State highly in debt – Gov Fubara reveals
Rivers State Governor, Siminalayi Fubara, has revealed that the state is heavily in debt and that his administration…
Nigeria’s debts rise to N97.3tr in 2023 as Lagos tops states’ borrowings
The total debt stock of Nigeria rose to N97.341 trillion or $108.229 as of December 31, 2023, the…
’Nigerians are in the dark’ – Peter Obi reacts to Tinubu’s “excessive” borrowings
Peter Obi, presidential candidate of the Labour Party in 2023, has accused President Bola Tinubu of abandoning Nigeria’s…
Coming Generations Will Have To Pay Nigeria’s Current Debts – Obasanjo
Former President, Olusegun Obasanjo, on Wednesday, said mismanagement by the previous administrations had forced Nigeria into a debt…
Tinubu borrowed money to fill the gap for the main time because the treasury was empty – Olusegun
The former governor of Ogun State, Olusegun Osoba said the president of Nigeria, Asiwaju Bola Ahmed Tinubu borrowed…
Nigeria’s external debt drops by $1.57 billion, now at $41.59 billion in Q3 – DMO
Nigeria’s total external debt stock declined by $1.57 billion in the third quarter of 2023 from $43.16 billion…