Within six months of 2023, over N2.34 trillion was spent by the Federal Government of Nigeria to service the country’s debt, which rose to N87.38 trillion...
A bill to amend the Federal Inland Revenue Service (FIRS) Act that regulates the processes of granting tax holidays to corporations operating in Nigeria has been...
The World Bank has expressed concern over rising debt-service in Nigeria and other developing economies. The international creditor said the external debt of these economies totaled...
Rising level of public debt, debt service and fuel subsidy is affecting the revenue generation of the Federal Government, the Federation Account Allocation Committee (FAAC) Post-Mortem...
The Debt Management Office (DMO) has said it is concerned about the Federal Government’s debt service-to-revenue ratio. The federal government’s projected deficit for the 2023 budget...
A consortium of multilateral institutions that includes the World Bank, the International Monetary Fund (IMF), the Paris Club and the G20 have agreed to grant a...
