$400m loan: Nigeria spends $25.03m for servicing
...FG has spent $801m on debt servicing in 3 months As part of efforts to expand four airport terminals in ...
Tag: Debt
Telcos to banks, we won’t forgive N120bn USSD debt
Telecommunication firms have said they will not be forgiving the N120bn Unstructured Supplementary Service Data (USSD) debt banks owe them. ...
Nigeria’s debt may hit N81.64tn – DMO report
...govt’s current revenue profile can't support higher levels of borrowing ...Nigeria has self imposed 40% debt limit Nigeria’s total public ...
Telcos issue Banks disconnection notice amid N120b USSD debt
Telecommunication firms have issued Deposit Money Banks disconnection notice amid a disagreement over Unstructured Supplementary Service Data service debt running ...
Woman Sets Self, Rented Apartment On Fire Over Inability To Repay N70k LAPO Debt
It was a tale of woes as tragedy struck in Abeokuta, on Saturday, as a middle-aged woman, known in her ...
FG projects 82% of revenue for debt servicing – Report
The International Monetary Fund says the Federal Government has projected to spend 82 per cent of its revenue on interest ...
15% of low-income countries in debt distress – IMF
The International Monetary Fund has said about 15 per cent of low-income countries are already in debt distress. In a ...
Borrowing Costs, Others Weaken Nigeria’s Fiscal Position- World Bank
The World Bank has said that high borrowing costs, lower energy prices, slow growth in oil production and subdued oil-sector ...
Nigeria’s Debt To Hit N77tn, Loan Servicing Gulps N5.2tn
Nigeria’s public debt burden may hit N77tn if the National Assembly approves the request by President Muhammadu Buhari to restructure ...
Oyetola Left N76bn Debt, Says Osun Govt
The Osun State government has said that the immediate past administration left a debt portfolio of N76bn in unpaid salaries, ...
