By Joseph Amah, Abuja The International Monetary Fund (IMF) has advised Nigeria and other developing economies with large foreign currency borrowings and external financing to prepare...
From Alfred Babs, Ilorin A 25 year old man whose name was given as Olakunle Obaoye was allegedly found hanging in a bush at Erinmope Village...
The Nigeria’s total debt stock rose from N32.9tn as of December 2020 to N39.6tn in November 2021 according to a document from the Ministry of Finance, ...
By Joseph Amah, Abuja The Federal Government exceeded its debt service allocation by N1.15tn for the period between January and November 2021, documents have shown. A...
A Federal High Court, Abuja, on Friday, restrained the Federal Government from deducting monies accruing to the 36 states from federation account to settle 418 million...
By Tony Obiechina and Ubong Ukpong, Abuja The Federal Government has earmarked N3.61trillion of the estimated N16.39trn to debts services with revenue target of N17.70trn in the 2022 budget. The budget, presented...
By Joseph Chibueze, Abuja The Federal Government has concluded plans to spend a total of N14.6tn on debt servicing between 2022 and 2024, an analysis of...
Italy’s public debt has reached a record high, based on statistics made available by the Italian national bank Banca d’Italia on Thursday. Compared to the previous...
Nigeria’s total public debt as of December 31, 2020, stood at N32.915 trillion. The figures include the Debt Stock of the Federal and State Governments, as...
By Tony Obiechina, Abuja In its capacity as official liquidator, the Nigeria Deposit Insurance Corporation (NDIC) has secured a judgment against Jolimair Nigeria Limited and three...