Reality star Maria Chike has received backlash from netizens after she shared a video of herself disclosing she misses her baby daddy. In a video that she...
Tag - Servicing
President Bola Tinubu has decried the futility of servicing Nigeria’s external debt profile with 90% of the country’s revenue base, saying it is a simple path...
The Washington based-World Bank said Nigeria had spent 96.3 per cent of its 2022 revenue on debt servicing. Word Bank disclosed this in its recent Macro...
Last Updated on 17 April 2023 by Enioluwa Adeniyi Nigeria’s economic growth has suffered more setbacks as the country’s debt servicing increased rapidly in...
Data from the Debt Management Office, DMO, has shown that Nigeria’s debt servicing increased by 14.68 per cent to N3.36 trillion in 2022 as against N2.93...
Recall that the 2022 fiscal performance report for January through April, revealed that Nigeria’s total revenue stood at N1.63 trillion while debt servicing...
The Federal Government has said that the debt servicing will cost N10.43tn by 2025, with economists saying that the rising cost of debt service can trigger a...
NAN reports that they were reacting to the claim by the International Monetary Fund (IMF) that debt servicing might gulp 100 per cent of the government’s...
Ari Aisen, IMF’s resident representative for Nigeria, said this on Monday, May 30, 2022, while presenting the organisation’s latest Sub-Saharan Africa Regional...
Nigeria Spends 86% Revenue On Debt Servicing Under Buhari, South Africa Spends Only 20% In Same Year
Financial analysts have described Nigeria’s debt servicing as outrageous and a setback to the country’s economic status among its African counterparts...
