Wale Edun, the minister of finance and coordinating minister of the economy, says the Nigerian National Petroleum Company (NNPC) Limited has commenced ...

Former President, Olusegun Obasanjo, on Wednesday, said mismanagement by the previous administrations had forced Nigeria into a debt burden the coming generations ...

The new borrowing plans by the federal government will see the total debt level hit N89.2 trillion before the end of the ...

President Bola Tinubu has said the country could not continue to service its debt with 90 percent of its revenue. He noted ...

Nigeria’s total public debt may hit N81.64tn this year. According to findings by The Punch, the figure was arrived at based on ...

A week before the President Muhammadu Buhari’s exit from office, the BBC, in an analysis, says the President is leaving behind legacies ...

The Federal Government spent $112.35m servicing external debt in January 2023. Data from the Central Bank of Nigeria’s Weekly International Payments showed ...

The Budget Office of the Federation has said Nigeria now has a “limited borrowing space” due to its poor debt-to-revenue ratio, stressing ...

The Debt Management Office has said Nigeria is actively reducing debt service cost by accessing World Bank loans. The office took this ...

The Debt Management Office has said Nigeria’s debt stock is increasing due to a combination of several factors, including borrowings and the ...