Nigeria’s Debt

Buhari Condoles With Abdulsalami Abubakar Over Sister’s Demise

Judging President Buhari’s Eight Years Tenure By Numbers

On Monday, 29 May 2023, President Muhammadu Buhari handed over to President-elect, Bola Tinubu, ushering in a new administration. As Buhari draws the curtain on his eight-year tenure, Prime Business Africa looks

Fakoyejo Olalekan

1 year ago

Business

KPMG Warns Nigeria’s N77.8 trillion Debt Will Cause Critical Financial Problems For Tinubu

KPMG, professional services firm, has warned that Nigeria’s debt burden could result in critical debt servicing problems during the administration of Bola Tinubu. In a report on Thursday, 18 May, KPMG said

Fakoyejo Olalekan

1 year ago

Business

Buhari’s Minister, Zainab Ahmed, AfDB’s Adesina Clash Over Nigeria’s Debt Problem

The Minister of Finance, Zainab Ahmed, and the President of the Africa Development Bank (AfDB), Akinwumi Adesina, both disagreed over Nigeria’s debt situation. Both Ahmed and Adesina spoke about Nigeria’s over N42

Fakoyejo Olalekan

2 years ago

Business·Finance & Economy·Latest News

4 Reasons Buhari Depends On Loans – Nigeria’s Debt Office

The Debt Management Office (DMO) said petrol subsidy is reducing Nigeria’s revenue and increasing Nigeria’s debt, which rose from N39.56 trillion recorded at the end of December 2021, to N41.6 trillion at

Fakoyejo Olalekan

2 years ago

Nigeria's Debt Crisis Deepens With 183% Debt Service To Revenue Ratio

Business·Latest News·Top Stories

Nigeria’s Debt Can Rise To N50trn – Muda Yusuf

The Centre for the Promotion of Private Enterprise has said that Nigeria’s debt, including that of the Asset Management Corporation of Nigeria and borrowings from the Central Bank of Nigeria, can hit

PBA Reporter

2 years ago

Nigerian Gov’t Spends N96 Out Of Every N100 To Pay Debt - World Bank Says, Reveals Impact

Business

Nigeria’s Debt Vulnerable, Costly – World Bank Alerts

The World Bank has disclosed that Nigeria’s debt, which may be considered sustainable for now, is vulnerable and costly. According to the Washington-based global financial institution, the country’s debt is also

PBA Reporter

3 years ago

Business

Nigeria’s Debt Rises By N2.54tn In Three Months – DMO

The Debt Management Office (DMO) on Tuesday, December 14, announced that Nigeria’s public debt was N38.005tn as of the end of the third quarter of 2021. DMO, in a statement titled, ‘total

PBA Reporter

3 years ago

Finance & Economy

Finance Minister Says Nigeria’s Debt To GDP Still Low At 33%

Minister of Finance, Budget and National Planning, Zainab Ahmed, has claimed that Nigeria’s debt to GDP ratio is still low at 33 per cent Ahmed made this claim during an interview on

PBA Reporter

3 years ago

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Judging President Buhari’s Eight Years Tenure By Numbers

KPMG Warns Nigeria’s N77.8 trillion Debt Will Cause Critical Financial Problems For Tinubu

Buhari’s Minister, Zainab Ahmed, AfDB’s Adesina Clash Over Nigeria’s Debt Problem

4 Reasons Buhari Depends On Loans – Nigeria’s Debt Office

Nigeria’s Debt Can Rise To N50trn – Muda Yusuf

Nigeria’s Debt Vulnerable, Costly – World Bank Alerts

Nigeria’s Debt Rises By N2.54tn In Three Months – DMO

Finance Minister Says Nigeria’s Debt To GDP Still Low At 33%

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