Sunday, 24th October 2021
Breaking News:


13 Aug
The startling revelation that the Federal Government spent N2.34trillion out of a total sum of N3.25 trillion accrued revenue in 2020 on debt servicing, to put it mildly, shows a potent recipe for economic bankruptcy.
23 Jun
A lasting divide risk emerging between rich and poor countries if the rising debt burden of low-income and emerging nations is not tackled, a report warned Thursday...
12 Jun
Senate President, Ahmad Lawan, yesterday, admitted that the debt burden of about N32trillion on the economy is very high, but said “it is necessary to help build needed infrastructure for development.”
31 May
Despite the negative toll the debt profile is having on the Nigerian economy, the Debt Management Office (DMO) has insisted that the nation’s debt is still sustainable
25 May
Stakeholders are unsettled over the Federal Government’s plan to borrow a fresh $6.18 billion (N2.343 trillion) amid a rising debt profile, which may push the country’s debt to about N36 trillion...
7 Apr
The Ogun State Government has said that the debt figure given to it by the immediate past administration did not capture the entire liabilities left behind.
21 Jan
For Nigeria to attract the Foreign Direct Investment (FDI) needed to reduce public debt and shore up its debt to revenue ratio in a sustainable manner, the need to adopt a new economic model
26 Nov 2020
The Benue State government has approached the Supreme Court asking for a stay of execution of the judgment given by National Industrial Court (NIC).
11 Nov 2020
Jason Momoa opened up in an interview about being “completely in debt” after getting killed off the hit HBO series. He says he was in some serious debt after his character got killed off of “Game of Thrones,” revealing that he and his family “were starving.” In an interview published this week according to reports…
12 Oct 2020
The debt of the world's poorest countries hit a record $744 billion in 2019 prior to the coronavirus pandemic...
8 Oct 2020
The Federal Government says it remains committed to meeting the nation’s debt obligations as N3.12trillion is earmarked for debt service in the 2021 budget proposal.
27 Sep 2020
Even though Nigeria’s diaspora remittance has hit $114.07b (about N43.4t) in the last seven years, stakeholders, yesterday, insisted that the payment would drastically increase if prevailing challenges are addressed. The National Bureau of Statistics (NBS) had stated that remittances from Nigerians in Diaspora rose from $3.24b in 2013 to approximately $25.08b in 2018. The rise…


50 mins ago
In October 2020, the eyes of the World were on Nigeria as the #EndSARS protests – the largest anti-government protests in a generation – took on corrupt elites. The demonstrations began as a movement against police brutality but rapidly snowballed into wider calls for government reforms – in particular, greater accountability. If nothing else, the…
2 hours ago
Glenfiddich, the World’s Most Awarded Single Malt Whisky, earlier this year unveiled Grande Couronne, the newest addition to its Grand Series. The maverick whisky brand continues to challenge conventions with the unexpected marriage of two luxury worlds. The bottle and packaging are adorned with ornamental gold filigree, whilst exquisite artwork reminiscent of great renaissance paintings…
2 hours ago
The British High Commission in Nairobi on Sunday said it was "fully cooperating" with a police investigation into the 2012 murder of a Kenyan woman last seen with a British soldier.
3 hours ago
President Muhammadu Buhari will on Monday depart for Riyadh, Saudi Arabia, to participate in the investment conference organised by the Future Investment Initiative Institute.
3 hours ago
If you ignore the poor audio quality of Gulder Ultimate Search: The Age of Craftsmanship, the latest instalment of the once most-watched reality show on Nigerian television, long before BBNaija established itself as a cultural staple, what viewers are treated to is a desperate, off-brand, wonky production, from a team that has lost touch with the…