Russia Defaults on Foreign Debt, first time in a century

For the first time in a century, Russia defaulted on its foreign-currency government debt. However, the situation is a bit ...

Debt management office, DMO,Nigeria's Debt to revenue ratio, DMO suspends April 2020 FGN savings bond offer

FG redeems $500 million Eurobond

bySamuel Oyekanmi

January 29, 2021

0

The DMO has announced the redemption of Nigeria's 6.75% $500 million Jan 2021 Eurobond.

Nigeria’s total public debt rises to N32.2 trillion ($84.57 billion) as at September 2020.

bySamuel Oyekanmi

January 14, 2021

2

Nigeria has a total public debt (External and Domestic) of N32.22 trillion ($84.57 billion) as of September 2020.

Mrs. Zainab Ahmed, FEC reviews Ajaokuta-Kaduna-Kano gas project contract, approves $2.571 billion, Don’t over heat bleak economic outlook – Finance Minister, FAAC meeting ends abruptly as members disagree over revenue allocation for FG, States, LGs, Nigeria’s total debt portfolio as at December 2019 stands at N27.4 trillion, Accountant-General’s office fire outbreak: FG reacts to claims of missing N700 billion

Nigeria records debt service to revenue ratio of 99% in first quarter of 2020.

byResearch Team

June 13, 2020

0

This suggests almost all the revenue generated was used to meet debt service obligations.

dollar foreign debt, Foreign investors trapped in the debt market as dollar scarcity persists, U.S dollar gains, America sanctions Chinese Airlines from flying into the U.S. , U.S dollar gains, America sanctions Chinese Airlines from flying into the U.S., U.S Dollar Remains Firm, Global Investors Rush Into Safe Haven Assets

Nigeria’s foreign debt has breached a 15-year trigger

byNairametrics

April 11, 2020

1

Nigeria’s external debt hits a 16 year high of $27 billion in December 2019 just higher than the $20.8 billion ...

Budget: FG completes just 31.7% of constituency projects, Nigerians react to President Buhari's signing of Finance Bill

Atiku kicks as Buhari spends $3.7 billion in foreign debt service since 2015

byNairametrics

December 19, 2019

0

The Buhari led government has spent about $3.7 billion in foreign debt service since 2015, one of the highest from ...

Lagos remains the state with the highest debt profile

byDennis Adesanoye

September 21, 2018

0

Nigerian total debt stock stood at $73.21 billion in Q2 2018.

Tag: Foreign Debt