Debt

DMO tasks president-elect on revenue generation

Nigeria’s Debt Management Office (DMO) and the African Centre for Leadership, Strategy and Development (Centre LSD) have tasked the incoming…

3 years ago

Global South Summit: Nigeria calls for debt burden reduction

President Muhammadu Buhari has urged leaders of the Global South to agree on a common agenda to reduce the increasing…

3 years ago

N29bn Ground Rent Debt: FCTA prosecutes defaulters

The Federal Capital Territory Administration (FCTA), has commenced prosecution of defaulting property owners and titleholders in Abuja, who owe the…

4 years ago

SERAP calls for enactment of audit laws to curb debt crisis in MDAs

The Socio-economic Rights and Accountability Project (SERAP) on Wednesday called on the Federal Government to enact an audit law to…

4 years ago

Nigeria’s public debt rises  to N41.60trn

The Debt Management Office in Nigeria has said that the country’s total public debt stock increased to N41.60tn in the…

4 years ago

Debt servicing: Experts urge Nigeria to increase crude oil production

Some financial analysts have urged the Federal Government to increase its crude oil production to enhance its revenue generation, in…

4 years ago

Nigeria to auction three N225bn bonds

The Debt Management Office (DMO) has announced an offer of three Federal Government of Nigeria (FGN), bonds valued at N225bn,…

4 years ago

Nigeria spent N2.05trn to service domestic debt in 2021-DMO

Nigeria spent a sum of N2.05 trillion to service its domestic debts in the year 2021, representing an increase of…

4 years ago

ThriveAgric raises $56.4m debt funding, accelerates pan-African expansion plans

ThriveAgric, a fast-growing technology-driven agricultural company, has raised $56.4M in debt funding from local commercial banks and institutional investors. The…

4 years ago

Banks drags BEDC, Funke Osibodu, husband to court over $19.4m debt

In a bid to recover the sum of $91.4 million USD debt, allegedly owned by Mr. Victor Osibidu, his wife,…

4 years ago

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