Public Debt
Lagos to spend 60% of N1.16 trillion budget on capital projects
60% of Lagos State's 2021 budget will go into capital projects, says the state's Commissioner for Budget and Economic Planning.
Read moreDetails
Nigeria’s total public debt rises to N32.2 trillion ($84.57 billion) as at September 2020.
Nigeria has a total public debt (External and Domestic) of N32.22 trillion ($84.57 billion) as of September 2020.
Read moreDetails
Governor Tambuwal assents Sokoto State 2021 budget worth N176.7 billion
Governor Tambuwal has presented Sokoto State's 2021 "budget of consolidation and socio-economic emancipation".
Read moreDetails
IMF: Global economy not performing badly as anticipated
The world economy has ended up performing better than the International Monetary Fund had envisaged in Q2 and Q3.
Read moreDetails
FAAC disburses N696.2 billion in July 2020, as Lagos State parts with N1.46 billion
The sum of N696.18 billion to the Federal, State, and Local governments in July 2020 from the FAAC account.
Read moreDetailsNigeria total public debt hits N31 trillion as debt service gulp over N1.2 trillion in H1 2020
A report recently released by the DMO reveals that the country's debt has hit N31 trillion.
Read moreDetails
Report accuses World Bank of ‘toying’ with Nigeria over $1.5 billion loan
Is the World Bank loan to Nigeria for Nigeria or for Foreign Investors?
Read moreDetails
World Bank predicts Nigeria’s impending recession will be worst in 40 years
New World Bank report paints a grim picture of Nigeria
Read moreDetails
Coronavirus: FG to review budget as oil price plunges
FG has announced plans to review the 2020 budget as oil revenue comes under severe pressure following the impact of...
Read moreDetails
High debt servicing cost remains a sore thumb
Nigeria’s public debt stock grew marginally by 2.30% to N24.95trn (US$81.27bn *exchange rate of N306.95/US$) as of the end of...
Read moreDetails
