Economy

Nigeria’s debt-to-GDP ratio rose to 55% as of June 2024, marking a significant increase from 42.4% in December 2023. 

Using data from the NBS on inflation rates, here is an analysis of the ten most expensive states in Nigeria...

Nigeria’s headline inflation rate rose to 33.88% in October 2024, up from 32.7% in September 2024, reflecting a 1.18 percentage...

The Federal Executive Council (FEC) has granted approval for a $2.2 billion financing programme to support the Federal Government’s external...

The Federal Government of Nigeria, through the Debt Management Office (DMO), has announced the issuance of bonds worth N120 billion...

The Federal Government has announced plans to raise approximately $1.7 billion through the issuance of Eurobonds to help finance the...

Nigeria's Debt Management Office (DMO) reports that the federal government's Promissory Notes debt surged to N1.65 trillion as of June...

The federal government has unveiled a proposed budget of N47.9 trillion for the 2025 fiscal year. 

The latest data from the Debt Management Office (DMO) shows that external debt for the states and the Federal Capital...

Debt servicing has emerged as a significant component of Nigeria’s foreign payment obligations in 2024, accounting for a staggering 63.56%...