Nigeria's debt profile Archives

Former presidential candidate, Peter Obi, has expressed deep concern over Nigeria’s rapidly escalating debt profile, warning that the country’s fiscal ...

Tinubu inherited N87.38 trillion debt, not N21 trillion – DMO clarifies

by Olalekan Adigun

January 28, 2025

The Debt Management Office (DMO) has debunked recent media reports claiming that President Bola Ahmed Tinubu inherited N21 trillion in ...

Buhari’s era: A closer look at Nigeria’s accumulated debt

by Opeoluwa Dapo-Thomas

June 13, 2023

The World Bank's assessment in 2021 positioned Nigeria as the fifth country with high debt risk exposure, showing the country's ...

FG projects spending plan of N11.86 trillion and deficit of N5.16 trillion,IMF, International monetary fund, Zainab Ahmed, Nigeria's Minister of Finance, Budget and National Planning

IMF considers Nigeria’s loan request, FG gives reason for exclusion from debt relief program

by Chike Olisah

April 16, 2020

The Federal Government has reacted to the exclusion of Nigeria from the list of countries to benefit from the International Monetary Fund ...

Why Nigeria is experiencing its worst inflation in 21 years

Nigeria spends $1.31 billion to service external debt in 2019

by Bamidele Samuel Adesoji

January 10, 2020

Nigeria spent a whopping $1.31 billion to cover external debt obligations in 2019, as external debt service payment accumulated to ...

FG warns Nigerians about on-going N3million COVID-19 grant scam, IMF, World bank loans, Over 56% of 2019 budget expenditure was released for capital projects , FG changes decision to sell stake of oil assets in JVs, Finance Bill: Nigeria exempts small businesses from Company Income Tax , Finance Bill is for the good of Nigerians – Finance Minister, Zainab Ahmed, Nigeria, five other West African countries reject ‘Eco’ as ECOWAS single currency, FG rejects calls for tax reduction, tax relief for donors to intervention funds, Nigerian economy going into recession, might contract by -8.9% - Finance Minister, Nigeria to spend $33.20 billion in 2021 up 17.2%, will spend 25% of budget on debt servicing - Finance Ministry, COVID -19: FG accesses $750m loans from World Bank for states

FG defends new $22.7 billion loans from World Bank, others

by Bamidele Samuel Adesoji

December 11, 2019

FG has defended the new external debt borrowing of $22.7 billion from the World Bank and other international financial organizations.

FG responsible for 80% of Nigeria’s N25.7 trillion debt profile

by Titobioluwa Okunade

November 23, 2019

The Federal Government of Nigeria is responsible for 80% of the country’s debt profile of N25.7 trillion.

Nigeria makes sudden U-turn, suspends external borrowing from international debt market

by Fakoyejo Olalekan

October 26, 2019

It has been disclosed that the FG would put a stop to borrowing from the international market as the government ...

Economic roundup podcast on economic roundup

ER Podcast: Is the Nigerian government sincere about bailout funds to states

by Nairametrics

September 1, 2019

On this episode of the #ERPodcast histed by @saucekiz_SMILEs, @iamnotjustakuki, @Mr_Abara and @Sammyinfinity discussed border closure, Debt profile, and FG's ...