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Debt

Energy and Power

GENCOs reject FG’s proposal to forfeit 50% of N5trn debt

NIGERIA's electricity sector liquidity problems are worsening as the power generation companies (GENCOs) have rejected  the Federal Government's proposal...
Harrison EDEH -
Business and Economy

2025 Budget: Tinubu seeks fresh ₦1.15trillion loan amid Nigeria’s rising debt

AMID growing concern over the Nigerian government's appetite for borrowing, President Bola Tinubu has requested that the National Assembly...
Harrison EDEH -
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News

Minister, Speaker clash as Nigeria’s debt rises to N149.39 trillion

NIGERIA's Minister of Finance, Wale Edun, and Speaker of the Federal House of Representatives, Abbas Tajudeen, clashed over the...
Harrison EDEH -
News

FG”s claim of $20bn subsidy savings questioned amid latest N1.77trn borrowing

THE finance minister's claim of saving $20 billion from subsidy has been called to question as the federal government...
Harrison EDEH -
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Business and Economy

Economists knock DMO over claims N121trn debts normal, within limits

SOME Economists have criticised the defence by the Debt Management Office (DMO), over N121 trillion Nigerian debt, despite Nigeria...
Harrison EDEH -
News Analysis

Dapo Abiodun to spend N950m monthly as welfare packages for his office amid state’s huge debt

OGUN State Governor Dapo Abiodun's office will spend N11.4 billion on welfare packages and another N1.2 billion on travel...
Nurudeen AKEWUSHOLA -
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