foreign debt

Nigeria spent almost N1tn on debt servicing payments in the first quarter of this year, the latest data obtained from the Debt Management Office have shown. The…
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Toyin Lawani and Segun Wealth By Taiwo Okanlawon Toyin Lawani, Nigerian fashion entrepreneur and celebrity stylist and her husband Segun Wealth had their traditional…
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Nigeria’s debt is getting out of control and the country has to do something about it, the Governor of Kaduna State, Nasir El-Rufai, said on Thursday. He said the country’s…
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THE country is sinking deeper into the debt peonage. The Lagos Chamber of Commerce and Industry recently joined other observers to highlight this, deploring the Federal…
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The Federal Government has proposed N12.66tn as aggregate expenditure for the 2021 fiscal year on a deficit of N5.16tn. It would be partly financed by a total loan package of…
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The senate has approved President Muhammadu Buhari’s $22.7 billion loan request — years after it was rejected by the previous assembly. At its plenary session on Thursday, the…
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The Minister of Agriculture and Rural Development, Sabo Nanono, says the federal government will obtain $1 billion from foreign banks to purchase farming equipment for local…
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