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.