Tag: debt
Nigeria’s debt stock rises to N42.84trn in Q2 2022 – NBS
Nigeria’s public debt stock increased from N35.46 trillion ($86.57 billion) in the second quarter of 2021 to N42.84 trillion ($103.31 billion) in the corresponding...
$418m debt: Court dismisses 36 govs’ suit against FG
A Federal High Court, Abuja, on Friday, dismissed the $418 million Paris Club debt suit filed by the 36 state governments against the Federal Government.
Justice...
Obiano left N109bn debt, N300m cash ― Soludo
The governor of Anambra State, Prof. Chukwuma Soludo, has said that the immediate past administration led by Willie Obiano left a debt of about...
DMO: Nigeria’s public debt hits N39trn
Nigeria’s public debt as at December 2021 is N39.55 trillion, the Debt Management Office (DMO) has disclosed.
Patience Oniha, the Director-General of the DMO, said...
Oyo govt, DisCo resolve differences over debt
The crisis between the Oyo State Government and the Ibadan Electricity Distribution Company (IBEDC) over revenue and electricity debt has been resolved.
With the resolution...
COVID-19 pushes low-income countries’ debt to $860bn – World Bank
Low-income countries’ debt rose by 12 per cent to $860 billion in 2020, the International Debt Statistics (IDS) 2022 report of the World Bank...
