Nigeria debt – Page 2 of 2 – Prime Business Africa

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

Fakoyejo Olalekan

2 years ago

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

Fakoyejo Olalekan

2 years ago

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

Fakoyejo Olalekan

2 years ago

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

Fakoyejo Olalekan

2 years ago

Creditors Ignore Nigerian Gov’t’s Loan Request After Buhari Seek Debt Cancellation

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

Fakoyejo Olalekan

2 years ago

Business·Insights

How US Soaring Inflation, Interest Rate Negatively Impact Nigerians

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,

Fakoyejo Olalekan

2 years ago

Business·Insights

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

Nigerians now owe over N200,000 to both domestic and foreign creditors due to the rising public debt of the Federal and State governments, which rose to N41.60 trillion in the First Quarter

Fakoyejo Olalekan

2 years ago

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Nigeria debt - Page 2

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

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