A middle-aged woman, known as Mama Dada, has committed suicide over her inability to repay a loan of N70,000 she took from a bank in Abeokuta,...
The presidential candidate of the ruling All Progressives Congress (APC), Bola Tinubu has justified Nigeria’s rising debt portfolio. Bola Tinubu Justifies Nigeria’s Borrowing And Dept Profile...
The World Bank has revealed that the total amount of money borrowed by the Nigerian Government from China rose to $3.121 billion (N1,126.68 trillion at USD/N361)...
Despite Nigeria owing $86.39 billion (N32.9 trillion) to external creditors, the Minister of Finance, Zainab Ahmed, said the nation’s level of borrowing is not unreasonable. Speaking...
Minister of Foreign Affairs, Geoffrey Onyeama has revealed that the officials at the Nigerian embassy in Hungary may be evicted if nothing is done to offset...
The Debt Management Office (DMO) on Thursday announced that the total public debt portfolio of Nigeria has risen to N28.63 trillion within a space of three months,...
Five years into the eight-year tenure of President Muhammadu Buhari, his administration is yet to deliver on key promises upon which Nigerians overwhelmingly voted him. President...
Germany has granted Nigeria a debt relief amounting to €22.4 million (N8.9bn) as part of its contribution to the country’s coronavirus fight. Also, the German government...
A 42-year-old man identified as Emmanuel Osiben, has been arrested for allegedly stabbing his 38-year-old friend, known as Femi, to death while attempting to recover the...
President Muhammadu Buhari‘s government plans to borrow 1.549 trillion naira ($4.3 billion) from domestic and international markets to fund its 2020 budget. The Director-General of Nigeria’s...
Former president, Olusegun Obasanjo said President Muhammadu Buhari-led administration has increased Nigeria’s external debt profile from $10.32 billion to $81.274 billion (N24.947 trillion), between 2015 and...
Despite report from the Debt Management Office that Nigeria’s Total Public Debt Portfolio as at June 30 stood at $83.88 billion (₦25.7 trillion), President Muhammadu Buhari...
Former Vice-President, Atiku Abubakar said that Nigeria under the administration of President Muhammadu Buhari, has taken more loans in the last three years, than it did...
A 27-year-old man identified as Kevin Williams has charged him before the Ejigbo Magistrates Court in Lagos for publicly disgracing a woman by engaging her in...
Delta State Police Command has arrested a woman for allegedly burning to death a young man identified as Sunday over a paltry debt of N200 in...
Figures released by the Debt Management Office (DMO) on Wednesday shows that the country’s debt has increased by N560 billion. According to the DMO, the total...