Debt

Nigeria is moving towards high debt distress risk, Bismarck Rewane, chief executive officer of Financial Derivatives Company Limited has said, as the federal government’s debt service costs…

Zenon Petroleum & Gas Limited has asked a Federal High Court in Lagos to wind up Prudent Energy and Services Limited, which is the parent company of Ardova Plc over the inability of the…

The Debt Management Office (DMO) says revenue generation is a major constraint of the Federal Government and impacts the country’s debt situation negatively. Patience Oniha,…

Nigeria's public debt stock rose by N2.04 trillion in the first three months of this year to N41.60 trillion, according to new official data. Data released by the Debt Management Office…

Vice President Yemi Osinbajo on Monday said the debt cancellation initiative for African countries is already gaining considerable traction. Osinbajo said this in Abuja while declaring…