Edun Raises Red Flag Over Surge in Debt Service Costs
Nigeria's Finance Minister, Wale Edun, sounded the alarm on a worsening global debt crisis Wednesday, warning that half of the ...
Tag: Debt
June 12: Gani Adams Urges Tinubu to Review MKO Abiola’s N45bn Contract Debt
The family of late Chief Moshood Abiola has demanded details of the reported N45bn debt owed it by the Federal ...
N500M DEBT: Why I Shared the Story -Mr Macaroni
Popular skit maker and activist, Mr Macaroni, has made it clear that he is not seeking financial assistance despite revealing ...
FG Issues Banks, Telcos Six-Month Ultimatum On N250bn USSD Debt
The Central Bank of Nigeria and the Nigerian Communications Commission have issued a final directive to Deposit Money Banks and ...
DEBT SERVICING: FG Spent $15bn in Five Years — CBN Report
The Federal Government has spent a total of $15.55bn on debt servicing between 2019 and 2024, according to the latest ...
Nigeria’s Debt Hits N101tn as FG Eyes $4.4bn New Loans
The Federal Government has borrowed a total of $4.95bn in loans from the World Bank in the past 12 months, ...
GTBank Sues 60 Bank Chiefs Over N17bn Debt
Guaranty Trust Bank, GTBank, has dragged no fewer than 60 top executives of 13 commercial banks to court as a ...
FOREIGN LOANS: DMO Reveals FG’s Debt Close Up N88tn
The Federal Government’s appetite for foreign loans is waning, the latest data from the Debt Management Office, DMO, has revealed. ...
Federal Workers, Other Non Debt Recurrent Costs To Gulp N7.76tn
The Federal Government’s recently agreed wage with the Labour Congress, salaries to federal workers, and other non-debt recurrent costs are ...
IIF Says Global Debt Hit $307tn In H1
Global trade association, the Institute of International Finance, has said that the global debt hit a record $307tn in the ...
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