Edo Debt Jumps to N172.37bn as Borrowing Raises Fiscal Concerns
Edo State’s domestic debt surged to N172.37 billion by March 2026, an increase of N81.19 billion in three months that ...
Tag: Nigeria debt
From $18bn Relief to N159tn Debt
Nigeria’s debt burden has grown significantly over the past two decades, transforming the country from one that secured a major ...
Debt Servicing Takes N3.14tn From Nigeria’s Q1 Revenue
Nigeria’s Federal Government spent N3.14 trillion servicing domestic debt in the first quarter of 2026, taking a significant share of ...
Nigeria’s Public Debt Hits N159.35tn as Foreign Borrowing Rises
Nigeria’s total public debt increased slightly to N159.35 trillion in the first quarter of 2026, according to the latest report from the ...
UN Report Says Developing Countries Could Save $500 Billion Yearly Through Cheaper Borrowing
A new report by the United Nations Conference on Trade and Development (UNCTAD) has revealed that developing countries, including Nigeria, ...
IMF Projects Nigeria’s External Debt to Rise by $20.7 Billion Before 2027 Election
Nigeria’s public external debt is expected to increase significantly over the next two years, with the International Monetary Fund (IMF) ...
FG Debt Repayments Exceed Budget Allocation by Nearly N2 Trillion
Nigeria's federal government spent almost N2 trillion more on debt repayments than originally budgeted, underscoring the growing strain that rising ...
Nigeria Borrows Beyond Target as Capital Projects Suffer Massive Funding Gap
Nigeria’s fiscal management has come under fresh scrutiny after official figures showed that the Federal Government borrowed far more than ...
Nigeria’s Debt Pressure Still High Despite Slight Improvement – NESG
Nigeria’s rising debt profile has continued to raise concerns as the Nigerian Economic Summit Group (NESG) warned that the country ...
Concerns Mount as Nigeria’s Debt Hits $110bn
The Kwankwasiyya movement has expressed concern over Nigeria’s debt profile, which is set to hit $110.3 billion after the approval ...
