An economist, Prof. Akpan Ekpo, has raised concerns over the Nigeria-UK port agreement, saying it tilts…
Tag: Debt
Nigeria’s N152 Trillion Debt Mostly Inherited, Says Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, told the Senate that…
President Tinubu Writes off $1.42bn, ₦5.57tn NNPCL Legacy Debt
President Bola Tinubu has approved the cancellation of about $1.42 billion and ₦5.57 trillion in legacy…
2026 Budget: ADC Blasts Tinubu’s Proposal as Debt Trap, not Reform
The African Democratic Congress (ADC) has criticised President Bola Tinubu’s 2026 budget proposal, describing it as…
Obi Lambasts FG Over Debt Surge: Demands Immediate End to ‘Fiscal Rascality’
The 2023 Labour Party presidential candidate, Peter Obi, has issued a sharp rebuke to the Nigerian…
Tinubu Moves to Wipe Out N1.5tn Debt, Orders Panel to Pay 2,000 Contractors
President Bola Tinubu on Wednesday expressed grave displeasure over the growing backlog of unpaid federal contractors…
FG Moves to Ease Power Sector Debt Crisis With N590bn Bond Issuance
The Federal Government has taken a major step toward resolving the long-standing liquidity crisis plaguing Nigeria’s…
Nigeria’s Debt Soars to N152.39 Trillion in Q2 2025 – NBS
Nigeria’s public debt stock rose from N149.38 trillion ($97.23 billion) in the first quarter of 2025…
FG Sets Up Committee to Settle GenCos’ Outstanding Debts
Cynthia Ezegwu The Federal Government has constituted a committee to address the payment of outstanding debts…
FCCPC to Nigerians: Expose Loan Apps, Firms Harassing Debtors
The Federal Competition and Consumer Protection Commission (FCCPC) on Tuesday, September 23, 2025, urged Nigerians to…