Debt

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...

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...
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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...
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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...

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...
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