Boma Achenimie
The International Monetary Fund (IMF) has listed that stalled per-capita growth, poverty and high food insecurity have exacerbated the ongoing cost-of-living crisis in Nigeria. The IMF made these remarks in its recent report titled, “IMF…
Boma Achenimie
The Debt Management Office (DMO) has reported that Nigeria’s total public debt has risen to N89.71 trillion by the end of the third quarter of 2023. This represents a slight increase of 0.61 percent from…
Goli Innocent
Following the release by the Debt Management Office (DMO) that Nigeria’s entire public debt stock was N87.4 trillion, stakeholders have called for greater restraint to reduce excessive borrowing at all levels of government. Recall that…
Goli Innocent
Despite growing worries from Nigerians and international organisations about the country‘s mounting debt, Nigeria has so far acquired a total of $1.95 billion in loans from the World Bank in the first four months of President Bola Tinubu’s administration. This followed the…