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News

Makinde’s Borrowing Spree: Alao Warns Of Long-Term Debt Risks For Oyo State

March 24, 2025 editor

An All Progressives Congress (APC) chieftain in Oyo State and former gubernatorial aspirant, Engineer Oyedele Hakeem Alao (Allow Alao), has raised concerns over Governor Seyi […]

News

Makinde Spends N20billion On Debt Servicing In Nine Months

December 5, 2024 editor

A review of the Oyo State budget performance document for the third quarter of 2024, has shown that the state spent N20billion on debt servicing. […]

News

Obaseki Inherited N55 Billion Debt In 2016, Leaving N410 Billion In 2024- Transition Report

November 12, 2024 editor

The Transition Committee of the All Progressives Congress has recommended a probe into more than N410 billion in local and foreign debts allegedly owed by […]

Entertainment

Controversial Singer, Portable Regains Freedom After Being Arrested  For N14 million debt

May 15, 2024 editor

Controversial singer, Habeeb Okikiola, aka Portable, has regained his freedom after meeting the bail conditions set for his release following his arrest for refusing to […]

Business

DMO: Nigeria’s Debt Hit N87.9trn By Sept 2023

December 22, 2023 editor

The Debt Management Office (DMO) said Nigeria’s total public debt as at September 30, 2023 was N87.91trn or $114.35bn. The DMO, in a statement on […]

Across the world

Omar Touray: Debt, Currency Depreciation, Inflation Hampering ECOWAS’ Economies

December 1, 2023 editor

The President of the ECOWAS Commission, Omar Touray, has said debt, currency depreciation, inflation and other indices have slowed down the economies of countries in […]

Business

MTN Nigeria: We Will Restore Subscribers’ Debt After We Fix Our ‘System Glitch’ 

November 11, 2023 editor

Technical glitch in MTN Nigeria’s system has resulted in the temporary removal of debt from the accounts of subscribers who had borrowed airtime from the […]

Business

Nigeria’s Public Debt Increases To N87trn In Q2-DMO

September 15, 2023 editor

The Debt Management Office (DMO) says Nigeria’s total public debt rose to N87.38 trillion in the second quarter (Q2) of 2023, recording an increase of […]

Press Releases

PRESIDENT TINUBU JOINS WORLD LEADERS IN PARIS TO TACKLE ISSUES OF POVERTY, DEBT, MACRON, GUTERRES CALL FOR NEW WORLD FINANCIAL ORDER

June 22, 2023 editor

President Bola Ahmed Tinubu Thursday in Paris-France joined world leaders on the consensus for redesigning the global financial architecture, which will favour poverty reduction, debt […]

Business

Nigeria May Spend Over 100% Of Its Revenue On Debt servicing in 2023-KPMG

May 19, 2023 editor

KPMG says Nigeria’s debt service to revenue ratio may exceed 100 percent in 2023. In its macroeconomic snapshot released on Thursday, the professional services firm […]

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