Business

Niger govt urges Dangote to explore basin oil

  • 25th May 2026
Cooking gas price hits N1,500 per kg

Marketers warn of scarcity as cooking gas prices

  • 25th May 2026

CBN mops up N3.69tn in massive liquidity tightening

  • 25th May 2026

NMDPRA orders operators to meet host community fund

  • 24th May 2026

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Niger govt urges Dangote to explore basin oil development

Business
Cooking gas price hits N1,500 per kg

Marketers warn of scarcity as cooking gas prices surge

Business

FAAN engages international airlines to boost service delivery nationwide

Aviation

Oil prices fall as hopes rise for Iran deal

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Tag: Debt

The Nigerian Petroleum and Natural Gas Senior Staff Association has written to President Bola Ahmed Tinubu via the Chief of Staff's office to request that the
Economy

FG is drowning in debt servicing – PENGASSAN

Petroleum workers in Nigeria have cautioned about Nigeria’s expanding debt profile, which recently reached N77 trillion after parliament allowed the securitization of CBN Ways and Means loans. Nairametrics reported that they emphasized that borrowed money should not be used for consumption but rather should be put toward business endeavors and the construction of infrastructure. This information […]

Experts warn FG against further violation of debt limit
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Experts warn FG against further violation of debt limit

The Nigerian government has been cautioned by a professor of capital markets, Uche Uwaleke, against continuing to exceed the permissible cap on how much money it can borrow from the Central Bank of Nigeria, as specified in the CBN Act. According to The Whistler, Nigeria’s overall debt has increased by 32.5%, from N46.25 trillion ($103.1 billion) to N68.9 […]

Buhari
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Nigeria ranks fourth on World Bank debtors’ list

Nigeria under the regime of the President, Major General Muhammadu Buhari(retd), currently ranks fourth on the World Bank’s top 10 International Development Association borrowers’ list. Rising debt has pushed Nigeria from the fifth position with $11.7bn IDA debt stock as of June 30, 2021 on the World Bank Fiscal Year 2021 audited financial statements, known […]

Naira fall'll worsen Nigeria’s food, energy crisis — W’Bank
News

Nigeria’s public debt, others hit 50-year high – World Bank

The World Bank Group has said that public debt in Nigeria and other low- and middle-income countries is now at a 50-year high, which is equivalent to more than 200 per cent of government revenues. In a new report titled, “Raising the Bar on Debt Transparency,” the Washington-based bank said with the pandemic-induced economic slowdown, […]

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