Public Debt
FG clarifies proposed $21.5 billion debt, taps World Bank, ADB, China, France, EU for new loan
The Federal Government has offered clarifications regarding President Bola Tinubu’s request to the National Assembly for approval of a new...
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President Tinubu seeks senate approval for $21.5 billion new external loan
President Bola Tinubu has requested the Senate to approve a new external borrowing plan of about $21.5 billion as part...
Read moreDetailsNigeria’s external debt service bill hits $2.01 billion in four months, gulps 77% of foreign payments
Nigeria spent over $2.01 billion on external debt servicing between January and April 2025, marking a 50% jump compared to...
Read moreDetailsPublic Debt – Nigeria’s Biggest Creditors after repaying IMF Loans
Nigeria has a total domestic debt profile of N74.3 trillion and $44.9 billion in external debts as of December 2024....
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Official: Nigeria repays IMF Emergency Loans obtained in 2020
The International Monetary Fund (IMF) has confirmed that Nigeria has fully repaid the $3.4 billion financial support it received under...
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Nigeria exits IMF debtor list amid Tinubu’s fiscal reform push
The International Monetary Fund (IMF) has removed Nigeria from its list of debtor-countries, following the full settlement of outstanding credit...
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UN Deputy SG Amina Mohammed calls for debt solutions for Nigeria, Africa to unlock development
United Nations Deputy Secretary-General Amina Mohammed has urged global leaders to implement debt relief measures and sustainable financing solutions for...
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Global public debt to surpass 100% of GDP by 2030 – IMF
The International Monetary Fund (IMF) has issued a warning about the rapid increase in global public debt, urging countries, particularly...
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Nigeria in advanced talks to re-enter JP Morgan bond index before end of year
Nigeria is in advanced discussions with JP Morgan to re-enter its Government Bond Index amid renewed FX credibility
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Why I am unfazed about Nigeria’s $45.78 billion external debt figure – Dr Biodun Adedipe
Dr. Biodun Adedipe, a development-focused economist, has expressed that he is unfazed by the external debt servicing figures for 2024,...
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