Debt: Court Orders CBN To Deduct N40bn Ebonyi Allocation
The Port Harcourt Division of the Federal High Court, has ordered the Central Bank of Nigeria to commence deduction of ...
Tag: Debt
FG exceeds loan target by N1.12tn, borrows N5.3tn
Experts warn Buhari, propose revenue drive FG’s recurrent rise 217% to N8tn The Federal Government exceeded its borrowing by N1.15tn ...
Nigeria’s debt risky, unsustainable– Report
An Abuja-based policy think tank, Agora Policy, has said Nigeria’s debt is unsustainable and puts the country in a perilous ...
World Bank, IMF to assess Nigeria’s debt sustainability
The President of the World Bank Group, David Malpass, has said that the bank will work with the International Monetary ...
Debt: CBN Begins Monthly Deduction Of Project Loans From States
The Central Bank of Nigeria (CBN) has begun the collection of project support loan facilities to some state governments for ...
Stop borrowing, experts warn FG as debt profile hits N41.6trn
• Government owing 85% of Nigeria’s debt, says DMO • Says 36 million litres daily petrol consumption unaccounted for • ...
Nigeria’s Debt To World Bank Rises By $660m
The total debt owed to the World Bank Group by Nigeria rose by $660m in the first six months of ...
Anxiety Over Nigeria’s Debt Repayment Capacity
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised concerns over the nation’s debt sustainability ...
State domestic Debts Hits N4.84 trillion in Q1 2022 as Lagos, Ogun, Rivers Top States with Highest Debt Stock
The domestic debt stock of the 36 states in Nigeria, including the federal capital territory rose to N4.84 trillion in ...
Man Commits Suicide Over ₦75,000 Debt In Badagry
A young man, Abayomi has committed suicide over his inability to pay his debt of ₦75,000. The creditor of the ...
