News
Makinde Spends N20billion On Debt Servicing In Nine Months
A review of the Oyo State budget performance document for the third quarter of 2024, has shown that the state spent N20billion on debt servicing. […]
Debt
News
Obaseki Inherited N55 Billion Debt In 2016, Leaving N410 Billion In 2024- Transition Report
The Transition Committee of the All Progressives Congress has recommended a probe into more than N410 billion in local and foreign debts allegedly owed by […]
Entertainment
Controversial Singer, Portable Regains Freedom After Being Arrested For N14 million debt
Controversial singer, Habeeb Okikiola, aka Portable, has regained his freedom after meeting the bail conditions set for his release following his arrest for refusing to […]
Business
DMO: Nigeria’s Debt Hit N87.9trn By Sept 2023
The Debt Management Office (DMO) said Nigeria’s total public debt as at September 30, 2023 was N87.91trn or $114.35bn. The DMO, in a statement on […]
Across the world
Omar Touray: Debt, Currency Depreciation, Inflation Hampering ECOWAS’ Economies
The President of the ECOWAS Commission, Omar Touray, has said debt, currency depreciation, inflation and other indices have slowed down the economies of countries in […]
Business
MTN Nigeria: We Will Restore Subscribers’ Debt After We Fix Our ‘System Glitch’
Technical glitch in MTN Nigeria’s system has resulted in the temporary removal of debt from the accounts of subscribers who had borrowed airtime from the […]
Business
Nigeria’s Public Debt Increases To N87trn In Q2-DMO
The Debt Management Office (DMO) says Nigeria’s total public debt rose to N87.38 trillion in the second quarter (Q2) of 2023, recording an increase of […]
Press Releases
PRESIDENT TINUBU JOINS WORLD LEADERS IN PARIS TO TACKLE ISSUES OF POVERTY, DEBT, MACRON, GUTERRES CALL FOR NEW WORLD FINANCIAL ORDER
President Bola Ahmed Tinubu Thursday in Paris-France joined world leaders on the consensus for redesigning the global financial architecture, which will favour poverty reduction, debt […]
Business
Nigeria May Spend Over 100% Of Its Revenue On Debt servicing in 2023-KPMG
KPMG says Nigeria’s debt service to revenue ratio may exceed 100 percent in 2023. In its macroeconomic snapshot released on Thursday, the professional services firm […]
News
N3.4 billion Debt: Court Blocks Oyo Govt’s Accounts In Four Banks
A High Court of the Federal Capital Territory (FCT), Abuja, has issued an order attaching funds standing to the credit of the Oyo State Government […]