Zambia Faces Challenges: Drought, Debt, and Energy Shortages
Zambia, a major African producer of copper, is currently facing several challenges that affect its people and economy. Drought Threatens ...
Tag: Debt
World Bank: Nigeria will spend 160% of its revenue on debt service by 2027.
The World Bank warns that Nigeria's debt servicing cost-to-revenue ratio might approach 160% in five years without broad-based reforms to ...
Abuja DisCo cuts off the government house and others due to debt
The Niger State Government House and other MDAs have been cut off by Abuja Electricity Distribution Company due to a ...
Peter Obi says Nigeria must cease using debt to fund its consumption
Peter Obi, the presidential nominee for the Labour Party, has encouraged both the federal and state governments to quit borrowing ...
First Bank Investors Loses Billions as Court Seals Headquarters and Seizes Properties Over Debt.
During this previous week, First Bank investors lost about N1.79 billion in under five days of trading, coupled with the ...
Moghalu Laments Over Nigeria’s Debt
The Ex-deputy governor of the Central Bank of Nigeria, Professor Kingsley Moghalu has bemoaned the current borrowing status in the ...
Buhari borrows another N250 Billion as Nigeria’s debt goes above N38 Trillion
President Buhari has requested for an extra N250 billion from Sukuk bond. This was announced by the Debt management Office ...
President Buhari returns from France
“President @MBuhari returned to Abuja after an official trip to Paris, France,” said a tweet on the Nigerian government's Twitter ...
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