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Global Economic Growth Impeded by High Debt, IMF Cautions

The Head of the International Monetary Fund (IMF) cautioned on Thursday that high debt and low growt...

October 18, 2024
China Assists Africa Nations to Reduce Debt Pressure

China has been helping African countries to alleviate debt pressure through multiple channels, a Min...

August 21, 2024
Public Debt Stock May Hit N130tn by Dec-Report

Nigeria's public debt is projected to reach N130 trillion this year, raising concerns about the coun...

August 5, 2024
Nigeria's Debt Repayment Higher Than Recurrent, Capital Expenditure
June 28, 2024

In spite of the excessive recurrent spending in the 2024 budget and a considerable infrastructure ga...

IMF: Public Debt Hurts Citizens
June 28, 2024

The Director of the International Economics section at the International Monetary Fund (IMF), Mark A...

AfDB Aids 22 Fragile Countries with Debt Management
June 14, 2024

The African Development Bank Group has launched training initiatives to support 22 transitioning or...

AfDB Worries Over High Debt Levels of African Countries
May 22, 2024

The African Development Bank (AfDB) worried about the higher level of debt that African countries we...

Fubara Tackles Wike Over Rivers Debt Profile
May 15, 2024

“This is to let the world know that if there is one problem this administration has, it is the huge...

FG Plans Fresh Audit of N2.7tn Subsidy Debt Claim by NNPC
May 9, 2024

“The Chairman informed the members of Mr President’s commitment to ensuring that the forensic audit...

IPMAN Threatens to Close 30,000 Filling Stations Over N200bn Debt
May 1, 2024

Oil dealers under the aegis of the Independent Petroleum Marketers Association of Nigeria, on Tuesda...

N5.2trn MDAs Debts: FG Recovers N57bn, says Finance Minister
April 24, 2024

The Federal Ministry of Finance has successfully recovered more than N57bn from the N5.2tn debts owe...

PDP Backs Kaduna House of Assembly to Probe El-Rufai Over Hanging Debts
April 17, 2024

Kaduna State House of Assembly had on Tuesday, set up a fact-finding committee to probe all finances...

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