Nigeria debt – Page 2 of 2 – Prime Business Africa

Stop Increasing Debt – Nigeria's Debt Office Says To Pres. Buhari

Stop Increasing Debt – Nigeria’s Debt Office Says To Buhari

The Debt Management Office (DMO) has advised President Muhammadu Buhari’s administration to focus on increasing revenue rather than piling up debt that has risen to N42.84 trillion ($103.31 billion) at the end

Fakoyejo Olalekan

2 years ago

Business

KPMG Predicts Nigeria’s Debt Crisis To Worsen, Proffers Solution

Nigeria’s debt crisis will continue if the country’s revenue generation fails to improve, the partner and head of tax, regulatory and people services at KPMG Nigeria, Adewale Ajayi, has revealed. During their

Fakoyejo Olalekan

2 years ago

Business

DMO Denies Buhari Seeking Debt Restructuring, As Claim Threatens Foreign Investors’ Confidence

The Debt Management Office (DMO) has refuted claims that Nigeria plans to restructure its debt, stating that the Finance Minister of the country, Zainab Ahmed, was misquoted. Bloomberg had reported that Ahmed

Fakoyejo Olalekan

2 years ago

Business

Nigeria’s Debt Office Defends Rising Debt Under Pres. Buhari

The Director- General of Debt Management Office (DMO), Patience Oniha, has defended Nigerian government’s debt during a presentation at the Executive Course on Budgeting and Fiscal Transparency, in Abuja. Oniha said loans obtained

Fakoyejo Olalekan

2 years ago

Business

Investing In Nigeria Is Like Roses With Thorns – AfDB’s Akinwumi Adesina Says

President of the African Development Bank (AfDB), Akinwumi Adesina, said investing in Nigeria is risky, but investors shouldn’t let that discourage them from conducting business in the country. Adesina, however, said for

Fakoyejo Olalekan

2 years ago

Governor of Nigerias Central Bank Godwin Emefiele

Business

CBN’s Emefiele Defends Rising Debt Under Buhari, As World Bank Ranks Nigeria Fourth Chronic Debtor

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has defended the rising debt under President Muhammadu Buhari, stating that borrowing is an essential part of running a government. Emefiele

Fakoyejo Olalekan

2 years ago

Business

Peter Obi Sends Warning To Pres. Buhari Over Debt Ahead Of 2023 Election

The Presidential candidate for Labour Party in the coming 2023 election, Peter Obi, has frowned against the continous borrowing of President Muhammadu Buhari for consumption. Obi said its time for Buhari’s administration

Fakoyejo Olalekan

2 years ago

Creditors Ignore Nigerian Gov’t’s Loan Request After Buhari Seek Debt Cancellation

Business

Nigeria Rises On List Of World’s Chronic Debtors

The World Bank has revealed that Nigeria is fourth on the world’s debtor list, after releasing its Fiscal Year 2022 International Development Association (IDA) financial statements. Nigeria rose from fifth place to

Fakoyejo Olalekan

2 years ago

Business·Insights

How US Soaring Inflation, Interest Rate Negatively Impact Nigerians

On Wednesday, the United States announced a 41-year inflation high of 9.1% for the period of June, rising by 5.81% month-on-month, and this will trigger debt headache for Nigerian government. In May,

Fakoyejo Olalekan

2 years ago

Business·Insights

Every Nigerian Now Owes N200,000 On N41.60 Trillion Foreign Debt, Others

Nigerians now owe over N200,000 to both domestic and foreign creditors due to the rising public debt of the Federal and State governments, which rose to N41.60 trillion in the First Quarter

Fakoyejo Olalekan

3 years ago

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Nigeria debt - Page 2

Stop Increasing Debt – Nigeria’s Debt Office Says To Buhari

KPMG Predicts Nigeria’s Debt Crisis To Worsen, Proffers Solution

DMO Denies Buhari Seeking Debt Restructuring, As Claim Threatens Foreign Investors’ Confidence

Nigeria’s Debt Office Defends Rising Debt Under Pres. Buhari

Investing In Nigeria Is Like Roses With Thorns – AfDB’s Akinwumi Adesina Says

CBN’s Emefiele Defends Rising Debt Under Buhari, As World Bank Ranks Nigeria Fourth Chronic Debtor

Peter Obi Sends Warning To Pres. Buhari Over Debt Ahead Of 2023 Election

Nigeria Rises On List Of World’s Chronic Debtors

How US Soaring Inflation, Interest Rate Negatively Impact Nigerians

Every Nigerian Now Owes N200,000 On N41.60 Trillion Foreign Debt, Others

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