News

The International Monetary Fund (IMF) and financial analysts have raised red flags over Nigeria’s rising public debt, as the ...
Data from the Central Bank of Nigeria (CBN) shows that Nigeria spent about $2.01 billion servicing external debts in the ...
THE Presidency has defended its borrowing strategy as a necessary tool for economic development, insisting that borrowing, when used judiciously, is not a sin.
Nigeria under President Bola Ahmed Tinubu 39;s administration has managed to accomplish what many considered a positive ...
Tolu Ogunlesi, a former media aide to President Muhammadu Buhari, praised this repayment as a clear indication of the ...
Their endorsements of Nigeria’s reforms gave the government a dangerous sense of validation, despite the massive outcry over ...
Tinubu, celebrating two years in office, says his administration’s reforms are stabilising the economy, cutting deficits, ...
Nigeria spent about $2.01bn on external debt servicing between January and April 2025, marking a 50 per cent increase ...
The International Monetary Fund has released the list of debtor countries, showing the top African countries with the least debt exposure following Nigeria's exit.
Debt servicing alone accounted for 77.1 per cent of Nigeria’s total international payments within the four months, a sharp rise from the 64.5 per cent share recorded in the same period of 2024.