Debt
FG Owes Power Companies N1tn in Six Months — NERC
The Federal Government’s debt to electricity generation companies has reached N1.05tn within…
IMF Endorses Nigeria’s Cautious Borrowing Amidst Revenue Drive
The International Monetary Fund (IMF) has signalled its support for Nigeria's strategic…
Nigeria Faces Widening Fiscal Deficit as Debt Burden Looms, IMF Warns
The International Monetary Fund (IMF) has issued a stark warning about Nigeria's…
Nigeria Seeks N350 Billion in New Bond Auction to Tackle Budget Deficit
Following a substantial N1.94 trillion raised from bond investors in the first…
Nigeria’s Debt Service Projected to Surge to $5.2 Billion in 2025, Fitch Warns
Nigeria's external debt service is projected to climb to a substantial $5.2…
Nigeria Faces Imminent Blackout as GenCos Demand N4 Trillion Debt Settlement
Nigeria's power sector is teetering on the brink of collapse as power…
Nigeria’s Power Grid Faces Imminent Shutdown as GenCos Demand N4 Trillion Debt Settlement
The Association of Power Generation Companies (APGC) has issued a stark warning:…
Nigeria Slashes Natural Gas Prices for Power Firms Amid Debt Crisis
In a bidaimed at alleviating the crippling debt burden faced by power…
Nigeria’s Power Grid Faces Collapse Amidst $400M Debt, Warns Elumelu
The stability of Nigeria's electricity supply is under severe threat, with Tony…
Nigeria’s Debt Servicing Surges 68% to N13 Trillion, Fueling Economic Concerns
Nigeria's fiscal landscape is facing increasing strain as the nation's debt servicing…