Public Debt
Nigeria’s debt service to revenue ratio rises to 81% in 2022
Nigeria's debt service to revenue ratio is reported as 80.7% according to the information contained in the 2023 Budget presentation.
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Nigeria’s debt to GDP ratio is 35.2% as of September 2022
Nigeria's total public debt stock rose to N67.5 trillion as of September 2022 according to data compiled from the website...
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DMO says public debt may rise to N77 trillion only if Ways and Means are securitized
DMO says Securitization will enhance debt transparency as it enables them to include the debt in the total public debt...
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President Ruto says Kenya will not default on its debt payment
Amidst fear of a potential default for sub-Saharan African countries, Kenya's president explains why his country will not default
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What Nigeria’s next President needs to do – Kingsley Moghalu
Nigeria's next President needs to restructure debt, remove fuel subsidies, tackle security challenges, and pursue other economic imperatives
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OFFICIAL: Nigeria has no plans to issue Eurobonds in 2023 – Zainab Ahmed
Nigeria's Minister of Finance, Zainab Ahmed, has confirmed that the government has no plans to issue Eurobonds in 2023.
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Eurobond addiction in West Africa has a heavy price
A funded rescue plan needs to be developed to avoid a systemic debt disaster
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Ghana reaches $3 billion bailout agreement with IMF
After months of sliding economic fortunes in Ghana, the country can now breathe a sigh of relief from an IMF...
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Nigeria Eurobonds rally in November as investors take advantage of higher yields
Back in October, Nigeria's Eurobond hit junk territory as fear mounted over its fiscal crisis.
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Nigerian banks invest additional N1.55 trillion in Treasury Bills in one year
The treasury bills rate has witnessed a significant increase in recent times on the back of multiple MPR upward adjustments...
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