Nigeria debt – Page 2 of 3 – Prime Business Africa

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

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

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 first quarter (Q1) Manufacturers CEO Confidence Index (MCCI), the government

August 21, 2023

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

Business

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

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, Patience Oniha, the country’s debt stock is a cause for

January 5, 2023

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

Business·News·Top Stories

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

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 of Q2, 2022. Director-general of Nigeria’s Debt Office, Patience Oniha,

November 18, 2022

Business

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

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 October 2022 episode of the KPMG Social Media Tax Chat,

October 26, 2022

Business

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

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 stated Nigeria will reorganise its debt and extend repayment tenor through

October 14, 2022

Business

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

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 to fund fuel subsidy played a significant role in the

September 28, 2022

Business

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

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 investors to be encouraged, change must occur in the country,

September 23, 2022

Governor of Nigerias Central Bank Godwin Emefiele

Business

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

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 said it is not a crime to borrow, as debt

August 12, 2022

Business

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

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 to borrow for investment in revenue generating development projects and

August 11, 2022

Business

Nigeria Rises On List Of World’s Chronic Debtors

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 fourth, indicating the international development association debt of the country

August 9, 2022

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Nigeria debt - Page 2

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

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