Tag: debt management

IMF warns Nigeria: Strengthen public finances or risk debt crisis

Business Damilola Bayonle -
IMF urges Nigeria to build stronger public finances as debt risks rise The International Monetary Fund (IMF) has issued a...

States, LGs repay N547.5bn bank debts — Dramatic fiscal turnaround as FAAC windfall cuts borrowing pressure

Business Damilola Bayonle -
States, LGs Repay N547.5bn Bank Debts Amid Rising FAAC Inflows Sub-national governments across Nigeria significantly reduced their exposure to commercial...

AMCON debt recovery shock: New report exposes massive repayment gap and rising financial risks

Business Damilola Bayonle -
Nigeria’s financial stability is again under intense scrutiny following a fresh wave of revelations about the Asset Management Corporation...

IMF shocker: Nigeria misses out as Africa’s Fastest-Growing Economies surge ahead

Business Damilola Bayonle -
The International Monetary Fund (IMF) has excluded Nigeria from its latest list of Africa’s fastest-growing economies, despite recent improvements...

IMF calls for bold transparency reforms to slash Govts borrowing costs

Business Damilola Bayonle -
The International Monetary Fund (IMF) has issued a strong warning to governments across the world, stressing that failure to...

FG’s Shrinking Promissory Debt Sparks Transparency Fears

Business Damilola Bayonle -
A recent 15.6 per cent decline in Nigeria’s promissory note debt, as reported by the Debt Management Office (DMO),...