Tag: debt
DMO unveils N720bn borrowing plan for Q2
The schedule of the Federal Government’s N720 billion domestic borrowing plan for Q2’22 has been released by the Debt Management Office (DMO).
The schedule is...
Gross debt to rise by 92%,hits N136tn in 2026 – IMF
The International Monetary Fund (IMF) has projected that the Federal Government’s gross debt profile is projected to grow by 92.11 per cent from N70.85tn...
Businessman, Cubana ChiefPriest, lands debt scandal
Businessman Cubana Chief priest has been called out by a friend and businessman, Killaboi, over a debt of N700,000.
In a series of posts on...
Nigeria’s debt stock rises to N39.6tn in 11 months – Reports
Nigeria’s total debt stock rose from N32.9tn as of December 2020 to N39.6tn in November 2021, reports say.
In a presentation of the 2022 approved...
Nigeria’s debt vulnerable, costly — World Bank
The World Bank has said Nigeria’s debt, which may be considered sustainable for now, is vulnerable and costly.
This is according to the Washington-based global...
Kwam 1 in controversial debt mess, denies liability
Fuji Maestro, King Wasiu Ayinde Marshal, popularly known as KWAN 1, has reacted to claims of owning his clients for a breach of contract.
A...
Bobrisky kicks as jeweller accuses crossdresser of debt
Crossdresser Bobrisky has reacted to debt allegations made against him by a jeweller.
The jeweller had called Bobrisky out after the crossdresser threw shades at...
Aviation: NCAA, airlines agree on repayment of N22b debt
By Francis Ogwo
The Nigerian Civil Aviation Authority (NCAA) has disclosed that it has reached an agreement with airlines in the country towards reconciliation and...
Minister reveals Nigeria’s debt may hit N38.68tr in 2021
By Francis Ogwo
Minister of Finance, Budget and National Planning, Zainab Ahmed, has revealed that the country's external and domestic debts may hit N38.68 trillion...