The Federal Government has allocated N6.6 trillion to debt service in the 2023 budget signed by President Muhammadu Buhari on Tuesday at the Presidential Villa in...
In 2023, Nigeria’s debt servicing will gulp 123.4 per cent of Federal Government’s revenue, the World Bank’s Lead Economist for Nigeria, Alex Sienaert, has projected, expressing...
Another year, another budget exercise which is raising many more questions than answers. For the eighth and final time, President Muhammadu Buhari submitted Nigeria’s budget to...
The Debt Management Office (DMO) has revealed that the federal government, in the first six months of 2022, spent N1.87 trillion repaying matured loans. The loans...
The International Monetary Fund (IMF) has predicted a difficult 2022 for the Nigerian economy, owing to the rise of the dollar against the naira and weak...
The administration of President Buhari has paid back N1.11 trillion loan collected from the Central Bank of Nigeria (CBN) to run the country. CBN provides support...
The Centre for Social Justice (CSJ) a civil organization has revealed that Nigeria, under the leadership of president Muhammudu Buhari spent N11.679 trillion servicing debts in...
Nigeria’s humongous external debt servicing bill is standing in the way of moves by government to expand the economy, the Nigeria Employers Consultative Association (NECA) has...
Nigerian government’s spending on debt servicing came to N1.57 trillion in the first half of the year, Minister of State for Budget and National Planning, Clem...
The Federal Account Allocation Committee (FAAC) has said that the 36 state governments in the country expended N3.6 billion on debt service in January this year....
The Lagos Chamber of Commerce and Industry (LCCI) on Wednesday commended the return to the January -December budget circle but described as unrealistic the exchange rate...
The Federal Government spent the sum of N610.2bn paying interest on its domestic debts put at N13.11 trillion in the first three months of 2019, data...
The Debt Management Office, DMO, has said that the Federal Government spent a total of $357.26m in the first three months of 2019 to service external...
