Recent data from the Debt Management Office (DMO) indicates that Nigeria's debt to China, the IMF, the World Bank and other ...

An analysis of data from the public debt reports released by the Debt Management Office, said the rise was 14.57 per cent higher than the N10.01tn recorded in December 2023.

Nigeria's fiscal deficit has significantly exceeded projections, reaching 7.6% of GDP as of August 2024, far above the ...

The killings perpetrated by Lakurawa, a new terrorist group, suffuse the frontpages today.  The newspapers also dwell ...

NACCIMA President Oye has criticised high interest rates, noting that they discourage entrepreneurship and hinder Nigeria's ...

Nigeria’s external debt is now $42.9 billion as of the end of June 2024. According to the Debt Management Office (DMO), the share ...

The total debt of states has risen to N11.47tn as of June 2024 despite higher allocations from the Federation Account ...

This shortfall was attributed largely to deficits in the Federation Accounts Allocation Committee (FAAC) receipts, which hindered the federal government’s ability to meet its financial obligations.

As of August 2024, Nigeria’s budget deficit has expanded to 7.5% of the country’s GDP, underscoring a sharp increase ...

The lawmaker criticised some states for not making good use of the increased allocation they’ve been getting due to the ...