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 ...
Tag: Debt
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 ...
In Three Months, Nigeria’s Debt Increases By 75%- Hits N87tn
The Debt Management Office has said Nigeria’s total public debt hit N87.38tn at the end of the second quarter of ...
We’ve Recovered N53bn Out Of N5.2trn Debt From MDAs – FG
The federal government on Monday disclosed that it had recovered N53.5 billion out of N5.2 trillion owed by its ministries, ...
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