Debt

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...

20 states reduced their domestic debts by N62bn in three months

DATA from the Debt Management Office (DMO) have shown that the total domestic debt figure for the 36 states...

Nigeria’s debts have exceeded limit, contravened law – Adebajo

THE chief executive of CFG Advisory, Adetilewa Adebajo, says borrowings by the Debt Management Office (DMO) have exceeded the...
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Borrowing money isn’t always a bad thing – misconceptions about debt

By Bomikazi Zeka, University of Canberra Debt, in some form or another, is part of our financial profiles whether we...

Huge debts: FG moves to reduce cost of running Foreign Missions

THE Nigerian Government has constituted a committee to review the number of the country’s Diplomatic Missions worldwide, and their...

2023 budget presentation: Nigeria’s debt within limit compared to other countries – Buhari

PRESIDENT Muhammadu Buhari has described Nigeria's debt position as still within acceptable limits. Buhari made the remark today while presenting...
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2023: Atiku reveals plan to form government of national unity

PRESIDENTIAL candidate of the Peoples Democratic Party (PDP) Atiku Abubakar has revealed plans to form a government of national...

N19bn debt: NCAA asks airlines to pay up

THE Nigerian Civil Aviation Authority (NCAA) has threatened to ground local airlines whose current debt obligations to it collectively...

Five false claims made by Atiku in the last two years

DURING election seasons, Nigerian politicians often make several claims about critical issues, especially on economy and governance, in a...
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IATA accuses Nigeria of blocking repatriation of $450m foreign airline revenue

The International Air Transport Association (IATA) has accused the Nigerian Government of preventing foreign airlines from repatriating the sum...

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