The President, Major General Muhammadu Buhari (retd.), on Friday, said national debt rose from N39.6tn in December 2021 to N42.8tn in June 2022. This was as...
The nation’s public debt stock is being increased by the petrol subsidy as the government had to borrow N1 trillion to subsidise petrol this year, the...
The Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP) for the 2023- 2025 which received the Senate’s attention through its Committee on Finance...
Nigeria’s total public debt stock rose from N41.60trillion (100.07 billion dollars) in March to N42.84trillion (103.31 billion dollars) in June. The Debt Management Office (DMO), led...
…S’Africa Earned $107bn Tax Revenue In 2021, Nigeria $15bn, Behind Kenya, Angola …Waivers Discriminatory — Experts The Federal Government has foregone N16.76tn in revenue to tax...
The Federal Government recorded N524.25bn fiscal deficit in May, from N643.09bn in April. This was obtained from the Central Bank of Nigeria’s monthly economic report on...
The Federal Government spent nothing less than N13.17tn between 2016 and March 2022 under the regime of President Muhammadu Buhari an analysis by The PUNCH has...
The total debt owed to the World Bank Group by Nigeria rose by $660m in the first six months of 2022, the Punch has learnt. This...
The Federal Government has projected that debt servicing will cost N10.43tn by 2025, according to the 2023-2035 Medium Term Expenditure Framework & Fiscal Strategy Paper. This...
The World Bank has disclosed that Nigeria’s debt, which may be considered sustainable for now, is vulnerable and costly. According to the Washington-based global financial institution,...