The Speaker of the House of Representatives, Tajudeen Abbas, has warned that Nigeria’s mounting debt has breached the statutory threshold, posing grave risks to fiscal […]
Tag: Debt
Nigeria Drowning in Debt? FG Borrows N10.85 Trillion in Four Months Despite IMF Warnings and Soaring Debt Costs
In defiance of mounting global and local concern over Nigeria’s spiraling debt crisis, the Federal Government has ramped up its domestic borrowing to a staggering […]
Nigeria’s Borrowing Soars: Federal Government Faces Debt Sustainability Challenges
The Federal Government of Nigeria is set to exceed its 2024 domestic borrowing target by a staggering 67%, as data reveals borrowing has already hit […]
Financial Experts Downplay Concerns Over Nigeria’s Rising Debt
Despite Nigeria’s public debt soaring to N97.34 trillion in the first quarter of 2024, financial experts assert there is no cause for alarm. The debt, […]