According to the World Bank, Nigeria's major challenge is that it spends all of its revenues on debt servicing rather ...
Nigeria’s total public debt stock is N46.25 trillion as of December 31, 2022, however, this excludes the N22 trillion indebtedness ...
Article Written by: Emmanuel Otori The fact that Nigeria's debt profile keeps increasing without any corresponding economic growth is very concerning. In ...
The debt stock, which stood at N32.92 trillion by December 2020, rose to N39.556 trillion by December 2021 and N41.6 ...
His justification was not well received by the committee, however, as Mark Gbilah (NNPP Benue) claimed that N6.7 trillion had ...
"CBN is aware that the weight of debt will be felt when an economy is in trouble. To ensure price ...
“It’s ironic that states that received fiscal bailouts did not repay the loans and are still borrowing beyond their revenue ...
Rita Joseph suggested that the government should slash the salaries of top public servants, saying that none of them should ...
Bank is supporting Nigeria’s Infrastructure Debt Fund through a $10 million facility that provides long-term local currency debt financing.
The commercial paper issuance comprised two tenors – a 90-day Series 1 issuance which is priced at 8.00% yield, and ...
