debt
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.
25 Jun 2023
The Debt Management Office (DMO) said the total public debt stock of Nigeria as at March was N49.95 trillion (108.30 billion dollars).
31 May 2023
African Development Bank (AfDB) President, Akinwumi Adesina, and the Deputy Executive Secretary and Chief Economist of the Economic Commission for Africa (ECA), Hanan Morsy, have lamented the high costs of debts incurred by African governments...
24 May 2023
President Joe Biden offered to freeze government spending at current levels during crunch debt talks with Republicans, which would reduce the deficit by $1 trillion, US Treasury Secretary Janet Yellen said Wednesday.
Latest
12 mins ago
In remote Indian forests home to a decades-old Maoist insurgency battling government rule, few in farmer Ajay Kumaroya's village had ever dared anger the guerrillas by voting.
22 mins ago
Kenya marks one year this week since the grisly discovery of hundreds of bodies of victims of a doomsday starvation cult, in a case that provoked horror across the world.
38 mins ago
There has been no damage to Iranian nuclear sites following explosions Friday in the centre of Iran that have been described as Israeli revenge attacks, the International Atomic Energy Agency (IAEA) said.
1 hour ago
Iran's state media reported explosions in the central province of Isfahan Friday, as US media quoted officials saying Israel had carried out retaliatory strikes on its arch-rival. Air defence systems over several Iranian cities were activated, state media reported, after the country's official broadcaster said explosions were heard near the city of Isfahan. Israel had…
3 hours ago
Adolphus Onyeama, an agriculture produce buyer resident in Borno State, has had several close shaves with death in the last 14 years. The Enugu State-born businessman has lived in the North for 26 years.
3 hours ago
The Minister of Federal Capital Territory, Nyesom Wike, yesterday had the last laugh at the highly staked National Executive Committee (NEC) of the Peoples Democratic Party (PDP), which retained its acting national chairman...
3 hours ago
Rising inflation and weak earnings have pushed 10 million Nigerians into poverty in 2023, the World Bank in its Macro Poverty Outlook for Nigeria: April 2024 has stated.
3 hours ago
The Lagos Chamber of Commerce and Industry (LCCI) is deeply worried about the various economic headwinds confronting the stability of the Nigerian economy.
3 hours ago
Raymond Nwachukwu, a civil servant who lives in the Ijaiye area of Lagos State and commutes over many kilometers to and from work in Lekki, claims that his biggest problem is getting sleep.
3 hours ago
The Nigerian Premier Football League (NPFL) has provided an opportunity for Heartland of Owerri to fight to save their season by lifting the ban, albeit provisionally, on Dan Anyiam Stadium.