External Debt Archives | Nairametrics

Vultures in flight: Should Nigeria consider suspension of sovereign debt payments like Argentina?

The vultures of finance at the center point of the COVID-19 pandemic causing significant economic damage around the world.

current account deficit, IMF, COVID-19, CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele , Increasing food prices might erase chances of CBN cutting interest rate , Customer complaint against excess/unauthorized charges hits 1, 612 - CBN , CBN moves to reduce cassava derivatives import worth $600 million , Invest in infrastructural development - CBN Governor admonishes investors , Credit to government declines, as Credit to private sector hits N25.8 trillion, CBN sets N10 billion minimum capital for Mortgage firms, CBN sets N10 billion minimum capital for Mortgage firms , Why you should be worried about the latest drop in external reserves, CBN, Alert: CBN issues N847.4 billion treasury bills for Q1 2020 , PMI: Nigeria’s manufacturing sector gains momentum in November, CBN warns high foreign credits could collapse Nigeria’s economy, predicts high poverty, MPC Member, BVN, Fitch, Foreign excchange (Forex), Overnight rates crash after CBN’s N1.4 trillion deduction, Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira

Business News4 months ago

CBN pays $4.45 billion external debt to World Bank, others in 2-month

Latest data obtained from the CBN reveals that Nigeria paid a whopping sum of $4.45 billion as external debt service/payment in the first two months of...

FAAC, IGR, Fiscal federalism in Nigeria, NEC Inauguration, Bailout Fund: FG begins deduction of N614 billion from states’ allocation in 2 weeks , Ekiti, Enugu, Bayelsa, 12 others attract no investment in 1H , States’ debt stock, Fiscal federalism

Blurb6 months ago

States receive N2.53 trillion allocation in 2019

State governors in Nigeria shared the sum of N2.53 trillion gross allocation in 2019 (January – November).

African Development Bank, Process and Industrial Development, P&ID court case against Nigeria, President Muhammadu Buhari | Federal government, external debt serving

Blurb12 months ago

Nigeria paid N293 billion to service external debt in half year 2019

Nigeria's external debt serving has hit a new height in half-year 2019 as the latest figure obtained from the [@cenbank] shows that international payment in the...

President Buhari Inaugurates National Economic Council, National Economic Council, State Governments seek refund over repaired federal roads

Business News1 year ago

State Governors parted with N33.9 billion to external debt deductions

While Nigeria’s debt profile hits a new high of N24.9 trillion in March 2019, state governors have parted with the sum of N33.9 billion referred to...

FGN Bonds record first undersubscription in 2 years, More borrowing expected as DMO’s Oniha explains President Buhari’s thirst for loan

Business News1 year ago

FG spent highest on commercial loans in servicing external debt in Q1 2019

According to data obtained from DMO, commercial loans gulps 58.99% of the $357.26m the Federal Government spent on debt servicing in 2019 Q1.

Business News1 year ago

Nigeria’s total debt stock rises to N24.9 trillion

Nigeria’s total debt stock rose to N24.9 trillion or US$81.2 billion as of the end of March 2019. This is revealed in the latest report released...

Investors oversubscribed FGN Bond, Patience Oniha,

Business News1 year ago

REVEALED: States’ total debts hit N5.15tn in 2018

Once government debt reaches a certain size, it really drags on long-term economic growth. It can also drag on the creditworthiness of the government.