Browsing: DEBT

Imo Reduces Debt Profile by 23%, Says Uzodimma Gov. Hope Uzodimma of Imo says his administration has reduced the state’s…

Debt Office to Open New 7-Year Bonds for Subscription The Debt Management Office (DMO) is scheduled to conduct its monthly…

Nigeria Spends $2.01bn to Service External Debts in 4-Month The Federal Government of Nigeria external debt servicing payment increased by…

Africa’s Debt Crises Require Urgent Reform—ECA The Executive Secretary of the UN Economic Commission for Africa (ECA), Mr Claver Gatete,…

Gabon’s Debt Swap Constitutes Distressed Exchange—Moody’s Gabon’s recent debt swap improved liquidity, but Moody’s Ratings agency said the exchange constituted…

Tinubu to Meet GenCos Over N4trn Debt-Minister The Minister of Power, Mr Adebayo Adelabu on Sunday said that a meeting…

Nigeria’s Foreign Debt Service Cost Slides to $278m Debt services on foreign borrowings declined by 2.3% in 12 months to…

Access Bank to Raise N125bn from Debt Market – Ratings Note Nigeria’s largest commercial lender by total asset, Access Bank…

Reps Secure 7 Major Oil Firms’ Commitment to Settle $37.4m Debt The House of Representatives has secured the commitment of…

Africa Needs $74bn Debt Service – AfDB Chief Economist Prof. Kevin Urama, Chief Economist and Vice President, Economic Governance and…