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Debt

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 -
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 -
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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 -
Business and Economy

Each Nigerian owes N449,000 as debt rises to N97.34 trn

THE latest Debt Management Office (DMO) report has shown that Nigeria’s total public debt rose to N97.34 trillion as...
Kehinde OGUNYALE -
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2024 In View

Economic reforms that will shape Nigeria in 2024

NIGERIANS earnestly hope the country's economic challenges abate soon, as the present indicators and reforms by President Bola Tinubu-led...
Harrison EDEH -
Business and Economy

FG uncovers N6 trillion owed 11 MDAs by individuals, corporate bodies

THE Federal Government says it has uncovered monumental debts approximating N6 trillion naira owed 11 ministries, departments and agencies...
Theophilus ADEDOKUN -
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