The Director-General of the World Trade Organisation ( WTO), Dr Ngozi Okonjo-Iweala, has advised state governors in Nigeria against excessive borrowing. Okonjo-Iweala said this on Monday...
Nigeria’s total public debt stock consisting of domestic and external debt stocks of the Federal Government of Nigeria, the 36 State Governments and the Federal Capital...
The 17 newly-elected governors face an uphill task to stimulate the economies of their respective states as they will inherit at least N2.1tn in domestic debts...
Nigeria’s public debt stock increased from N42.84 trillion (103.31 billion dollars) in the second quarter of 2022 to N44.06 trillion (101.91 billion dollars) in the third...
Nigeria’s debt profile has assumed a worrisome dimension and fast becoming a major drawback to economic growth and development. It is based on this that the...
Facts have emerged that the federal government has raised another $4bn through Eurobonds. The Debt Management Office disclosed this in a statement on its website on...