The nation’s budgetary provisions for debt servicing could rise to N3 trillion if the federal government goes ahead with its $29.96

The federal government is planning to borrow fresh N4.6 trillion within the next three years, covering 2020 to 2022, to finance its

The federal government’s personnel cost has risen from N1.8 trillion to N2.1 trillion, even without the full implementation of the

Zainab Ahmed, minister of finance, has said that Nigeria did not have a debt problem, despite misgivings amongst experts over the

About 3,891 firms and other debtors have taken individual loans above N1bn, totalling N13.19tn of loans in the banking sector. Latest

The South-West has more domestic debt than other regions of the country. Statistics obtained from the Debt Management Office on Monday

Chinese credit accounts for 80 percent of all bilateral loans to Nigeria, according to data from the Debt Management Office (DMO).

Within a three- month period, covering January to March this year, the federal government spent the sum of N610.2bn paying interest on

The nation’s external debt stock rose by 148 per cent in almost four years of the President Muhammadu Buhari administration, data from

Flour Mills of Nigeria Plc (FMN), has announced a 30 percent reduction on its overall net debt. The announcement was made via its