Browse Tag

Nigeria debt

Nigeria’s Debt May Surpass N200trn Before 2027 – Expert

July 10, 2025

As the current administration of President Bola Tinubu implements reforms to strengthen the economy, there are concerns about the persistent increase in debt stock. Chief Economist and Senior Partner at SPM Professionals,

Business News·Finance & Economy

Concerns As Naira Depreciation Pushes Nigeria’s Debt To N149.39trn

July 2, 2025

Nigeria’s escalating public debt has triggered concerns about the economic and social impact. The public debt has surged to N149.39 trillion (approximately $97.24 billion) as of 31 March 2025, according to data released by the Debt Management Office

Tinubu's Quest For Fresh N tn Foreign Loan May Push Nigeria’s External Debt To $bn By Year End

Finance & Economy

Quest For Fresh N1.767tn Foreign Loan May Push Nigeria’s Debt To $45bn

November 20, 2024

There are concerns that Nigeria’s external debt could reach $45.1 billion by the end of 2024 following the Federal Government’s plans to obtain more foreign loans, leading to an impending debt crisis.

Nigerian Govt Spends More On Debt Servicing Than Capital Expenditure, Personnel Costs, In Q1 2024

Finance & Economy·News

How Nigerian Govt Can Raise $50bn To Tackle Debt Burden – Expert

August 31, 2024

Chief Executive Officer of CFG Advisory, Tilewa Adebajo, has stated that the Nigerian government can raise $50 billion through sale of assets, reduce its debt burden. He warned that if the federal

Business News·News

₦121.67trn Debt: SERAP Demands Probe Of World Bank Loans Spending By Nigerian Govt

June 23, 2024

SERAP has called on the World Bank Inspection Panel to probe allegations of corruption in the spending of loans and other funding facilities obtained from the Bank by Nigeria’s Federal Government and

Business News·Finance & Economy·News

Tilewa Adebajo Calls For Diversifying Revenue Base To Tackle Nigeria’s Inflation

November 17, 2023

Tilewa Adebajo, the Chief Executive Officer of CFG Advisory, stressed the necessity for Nigeria to broaden its revenue streams in order to combat the prevailing inflation challenge. Adebajo emphasized the urgency of

Tinubu Writes NASS, Seeks Approval For N500bn Subsidy Removal Palliatives

News

Tinubu Seeks $7.8bn, €100m Loans After Presenting N2.18trn Supplementary Budget

November 2, 2023

President Bola Tinubu has sought Senate approval for a second round of loans totaling $7.8 billion and €100 million, barely a day after his N2.18 trillion supplementary budget request was presented. The

Editorial

Nigeria Isn’t Broke – Editorial

October 23, 2023

Nigeria’s Minister of Budget and National Economic Planning, Atiku Bagudu, the other day declared that President Bola Ahmed Tinubu’s government was facing a serious revenue deficit, as “there’s no money anywhere in

Finance & Economy·News

Nigerian Govt Restructures CBN Debt To N4.36tn In 2023

October 22, 2023

The Nigerian government has restructured its debt to the Central Bank of Nigeria (CBN), resulting in a reduction of the owed amount to N4.36 trillion as of June 2023, according to

Africa·News

Nigerian Senator Proposes Climate Debt Swap At World Bank/IMF Meeting

October 12, 2023

Senator Jimoh Ibrahim of Ondo South Senatorial District has called for a unique approach to Africa's debt crisis. He recommended that Africa's debts, including those of Nigeria

Tinubu Explains Why Nigeria Stopped Exporting Raw Gold, Lithium, Other Minerals

Business News

Manufacturers Criticise Nigerian Gov’t For Putting N70trn Debt Burden On Them

August 21, 2023

The Manufacturers Association of Nigeria (MAN) said the high taxes imposed on the sector is the Federal Government’s attempt to shift the responsibility of repaying FG’s debt to manufacturers. According to the

Breakdown Of How Nigeria’s Debt Will Rise Over N70 billion In June

Business News

Breakdown Of How Nigeria’s Debt Will Rise Over N70 trillion In June

January 5, 2023

Nigeria’s public debt could rise to N72 trillion, from the N44 trillion reported as of September 2022, the Debt Management Office (DMO) has disclosed. According to the Director-General of the debt office,

Stop Increasing Debt – Nigeria's Debt Office Says To Pres. Buhari

Business News·News·Top Stories

Stop Increasing Debt – Nigeria’s Debt Office Says To Buhari

November 18, 2022

The Debt Management Office (DMO) has advised President Muhammadu Buhari’s administration to focus on increasing revenue rather than piling up debt that has risen to N42.84 trillion ($103.31 billion) at the end

Business News

KPMG Predicts Nigeria’s Debt Crisis To Worsen, Proffers Solution

October 26, 2022

Nigeria’s debt crisis will continue if the country’s revenue generation fails to improve, the partner and head of tax, regulatory and people services at KPMG Nigeria, Adewale Ajayi, has revealed. During their

Business News

DMO Denies Buhari Seeking Debt Restructuring, As Claim Threatens Foreign Investors’ Confidence

October 14, 2022

The Debt Management Office (DMO) has refuted claims that Nigeria plans to restructure its debt, stating that the Finance Minister of the country, Zainab Ahmed, was misquoted. Bloomberg had reported that Ahmed

Business News

Nigeria’s Debt Office Defends Rising Debt Under Pres. Buhari

September 28, 2022

The Director- General of Debt Management Office (DMO), Patience Oniha, has defended Nigerian government’s debt during a presentation at the Executive Course on Budgeting and Fiscal Transparency, in Abuja. Oniha said loans obtained

Business News

Investing In Nigeria Is Like Roses With Thorns – AfDB’s Akinwumi Adesina Says

September 23, 2022

President of the African Development Bank (AfDB), Akinwumi Adesina, said investing in Nigeria is risky, but investors shouldn’t let that discourage them from conducting business in the country. Adesina, however, said for

Governor of Nigerias Central Bank Godwin Emefiele

Business News

CBN’s Emefiele Defends Rising Debt Under Buhari, As World Bank Ranks Nigeria Fourth Chronic Debtor

August 12, 2022

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has defended the rising debt under President Muhammadu Buhari, stating that borrowing is an essential part of running a government. Emefiele

Business News

Peter Obi Sends Warning To Pres. Buhari Over Debt Ahead Of 2023 Election

August 11, 2022

The Presidential candidate for Labour Party in the coming 2023 election, Peter Obi, has frowned against the continous borrowing of President Muhammadu Buhari for consumption. Obi said its time for Buhari’s administration

Business News

Nigeria Rises On List Of World’s Chronic Debtors

August 9, 2022

The World Bank has revealed that Nigeria is fourth on the world’s debtor list, after releasing its Fiscal Year 2022 International Development Association (IDA) financial statements. Nigeria rose from fifth place to

Business News·Insights

How US Soaring Inflation, Interest Rate Negatively Impact Nigerians

July 14, 2022

On Wednesday, the United States announced a 41-year inflation high of 9.1% for the period of June, rising by 5.81% month-on-month, and this will trigger debt headache for Nigerian government. In May,

Business News·Insights

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Nigeria debt

Nigeria’s Debt May Surpass N200trn Before 2027 – Expert

Concerns As Naira Depreciation Pushes Nigeria’s Debt To N149.39trn

Quest For Fresh N1.767tn Foreign Loan May Push Nigeria’s Debt To $45bn

How Nigerian Govt Can Raise $50bn To Tackle Debt Burden – Expert

₦121.67trn Debt: SERAP Demands Probe Of World Bank Loans Spending By Nigerian Govt

Tilewa Adebajo Calls For Diversifying Revenue Base To Tackle Nigeria’s Inflation

Tinubu Seeks $7.8bn, €100m Loans After Presenting N2.18trn Supplementary Budget

Nigeria Isn’t Broke – Editorial

Nigerian Govt Restructures CBN Debt To N4.36tn In 2023

Nigerian Senator Proposes Climate Debt Swap At World Bank/IMF Meeting

Manufacturers Criticise Nigerian Gov’t For Putting N70trn Debt Burden On Them

Breakdown Of How Nigeria’s Debt Will Rise Over N70 trillion In June

Stop Increasing Debt – Nigeria’s Debt Office Says To Buhari

KPMG Predicts Nigeria’s Debt Crisis To Worsen, Proffers Solution

DMO Denies Buhari Seeking Debt Restructuring, As Claim Threatens Foreign Investors’ Confidence

Nigeria’s Debt Office Defends Rising Debt Under Pres. Buhari

Investing In Nigeria Is Like Roses With Thorns – AfDB’s Akinwumi Adesina Says

CBN’s Emefiele Defends Rising Debt Under Buhari, As World Bank Ranks Nigeria Fourth Chronic Debtor

Peter Obi Sends Warning To Pres. Buhari Over Debt Ahead Of 2023 Election

Nigeria Rises On List Of World’s Chronic Debtors

How US Soaring Inflation, Interest Rate Negatively Impact Nigerians

Every Nigerian Now Owes N200,000 On N41.60 Trillion Foreign Debt, Others

Featured Stories

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Broken System, Broken Lives – Tinubu’s Toxic Legacy

Two Group Chats, One Nigeria: Gen Z Pays The Bills, Boomers Write The Laws

Deliver Votes or Be Sacked: The New Politics in Ebonyi

Whatsapp Channel

Latest News

Nigeria Receives Five New Helicopters as Air Force Expands Fleet

Veteran Nigerian Actor Olu Jacobs dies at 84

U.S. Announces Visa Restrictions over South Africa Race, Land Policies

DR Congo Police Disperse Protests over Proposed Constitutional Changes

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

Q1 2026: Four Pharma Stocks Reward Investors, One Bleeds N14.8bn

Nigeria Receives Five New Helicopters as Air Force Expands Fleet

Suggestions

Nigeria debt

Featured Stories

Follow Us

Whatsapp Channel

Latest News