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Nigeria’s total debt hits N25.7 trillion as at June- DMO

The Debt Management Office (DMO), says as at June 30, Nigeria owes N25.7 trillion in debt both domestically and externally. The DMO said this in...

FG will recover N614 billion loan facility from 35 states- Minister

The Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed has made the disclosure that Federal Government has planned to recover N614 billion...

Nigeria’s debt now N24.38 trillion- DMO

Ms Patience Oniha, Director-General, Debt Management Office (DMO), says the total public debt of Nigeria as at Dec. 31, 2018 is N24.38 trillion. Oniha, who...

Former Anambra governor says Nigerian economy on life support

A former Anambra governor, Peter Obi, has said that Nigerian economy is on life support due to the rising debt profile of about N22.7...

AMCON takes possession of Senator’s asset

The Asset Management Corporation of Nigeria (AMCON) on Friday took over the asset of Sea Petroleum & Gas Limited and its affiliated companies. The company...