Debt
- NEWS
NNPC Ltd. faces financial challenge from PMS supply costs, threatens fuel supply
The Nigerian National Petroleum Company Limited (NNPC Ltd) is experiencing financial challenges, which has put considerable pressure on the company…
Read More » - BUSINESS
Nigeria’s debt-to-GDP within World Bank/IMF ceiling, says DMO
The Debt Management Office (DMO), says Nigeria’s debt-to- Gross Domestic Product (GDP) – debt-to-GDP- ratio is within the specifications of…
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DMO says Nigeria’s debt stock now N121trn
The Debt Management Office (DMO) says Nigeria’s total public debt stock hit N121.67 trillion (91.46 billion dollars) in March. The…
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International Breweries explains its rights issue offer
International Breweries Plc says it is initiating a rights issue to settle a dollar-denominated loan, which has been exerting downward…
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How Nigeria’s debt stock rose 75% to N87.38trn in Q2 2023 – NBS
Nigeria’s public debt stock increased from N49.85 trillion (108.30 billion dollars ) in the first quarter of 2023 to N87.38…
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FG urges MDAs to intensify debt recovery drive
The Federal Ministry of Finance, Budget and National Planning has urged all federal Ministries, Departments and Agencies (MDAs) to key…
Read More » - NEWS
Nigeria’s Public debt hits N49 trillion
The Debt Management Office (DMO) said the total public debt stock of Nigeria as at March was N49.95 trillion (108.30…
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CBN commends WAIFEM over debt management support to states
The Central Bank of Nigeria (CBN) has commended the West African Institute for Financial and Economic Management (WAIFEM) for its…
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Pay N1.2bn debt for February, AEDC begs consumers
The Abuja Electricity Distribution Company (AEDC) has appealed to consumers to settle their over N1.27 billion debt for February if…
Read More » - Opinion
Nigeria’s rising debt: The way forward
Analysis by Chinyere Joel-Nwokeoma Most governments, multilateral organisations and the private sector across the world usually resort to borrowing to…
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