A member of the Central Bank of Nigeria’s Monetary Policy Committee (MPC), Murtala Sabo Sagagi, has raised concerns over the country’s worsening debt position, despite the removal of fuel subsidies and the liberalization of the foreign exchange market—two major reforms intended to improve fiscal stability.
President Bola Ahmed Tinubu has announced that the Federal Government is no longer borrowing from domestic banks, citing...
Former presidential candidate, Peter Obi, has expressed deep concern over Nigeria’s rapidly escalating debt profile, warning that the country’s fiscal trajectory could compromise future generations and worsen living conditions for millions of citizens.
The Debt Management Office (DMO) has debunked recent media reports claiming that President Bola Ahmed Tinubu inherited N21...
The World Bank's assessment in 2021 positioned Nigeria as the fifth country with high debt risk exposure, showing the country's debt profile.
The Federal Government has reacted to the exclusion of Nigeria from the list of countries to benefit from the International Monetary Fund ‘s (IMF) debt
Nigeria spent a whopping $1.31 billion to cover external debt obligations in 2019, as external debt service payment accumulated to $3.95 billion in the last 5 years (2015 - 2019). Data obtained from the (@cenbank) reveals
FG has defended the new external debt borrowing of $22.7 billion from the World Bank and other international financial organizations.
The Federal Government of Nigeria is responsible for 80% of the country’s debt profile of N25.7 trillion.
It has been disclosed that the FG would put a stop to borrowing from the international market as the government opted for the domestic debt market.
On this episode of the #ERPodcast histed by @saucekiz_SMILEs, @iamnotjustakuki, @Mr_Abara and @Sammyinfinity discussed border closure, Debt profile, and FG's bailout funds. LISTEN, RETWEET, and LIKE!
The Minister of Finance of Nigeria, Zainab Ahmed, has disclosed that the country’s N24.9 trillion debt is not a problem as generally conceived by experts.
