The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said most of the roads constructed in the country will be tolled to repay the...
By Tony Obiechina, Abuja Minister for State Budget and National Planning, Prince Clem Agba said on Thursday that Nigeria’s rising debt was as a result of...
A Federal High Court, Abuja, on Monday, fixed Dec 21 to hear all pending applications in a suit filed by the 36 state governors over plan to...
By Tony Obiechina, Abuja Latest World Bank report released yesterday indicates that governments around the world responded to the COVID-19 pandemic with massive fiscal, monetary, and...
Minister of Finance and National Planning, Mrs. Zainab Ahmed, has revealed the federal government borrowed $5.9 billion in 2020 to tackle the COVID-19 pandemic. A statement...
Stakeholders of Nigeria’s economy are expressing concern over the nation’s spiraling debt profile. They are worried that the nation’s ’s debt stock has risen by over...
French President Emmanuel Macron on Wednesday called for a global moratorium on debt repayments by African countries, amid warnings that sub-Saharan Africa is headed for its worst economic performance...
By Tony Obiechina, Abuja The Debt Management Office has said that Nigeria’s total debt to the World Bank Group has increased by $1.3bn in one year...
By Mathew Dadiya, Abuja The African Development Bank (AfDB) Thursday disclosed that the total debt stock of the African continent has grown to $500 billion. The figure ...
From Mohammed Muktar Umar Bauchi The Bauchi State Ministry of Local Government has expressed its determination to clear the inherited debt from the previous administration before...