debt
12 Jun
A business expert and Executive Director of OrderPaper Nigeria, Oke Epia, has said that Nigeria’s public debt rose from N12.8 trillion to N87.91 trillion between 2015 and 2023, representing a staggering 585 per cent increase.
21 Feb
Nigerian online savings and investment platform, Piggyvest, has said that four in every 10 Nigerians are in debt, and that 26 per cent of the number owe loan apps.
15 Feb
Governor Dauda Lawal has successfully negotiated the release of their previously withheld WAEC results, paving the way for continued education and potential participation in the National Youth Service Corps (NYSC) programme. Previous administrations in Zamfara State had accumulated a debt of N1.4 billion owed to WAEC, leading to the withholding of examination results for affected…
12 Feb
International Monetary Fund (IMF) has said Nigeria can repay its $2.82 billion debt to the Washington-based institution following recent reforms.
20 Jan
While the explosion of debt is throwing a shadow over global economic growth, experts warn that sub-Saharan Africa, where several countries are already in default, is experiencing its worst-ever crisis.
16 Aug 2023
Kenya's debt level has reached record highs despite President William Ruto's vow to tame the country's appetite for loans, treasury figures show.