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Nigeria Debt Crisis

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Vote Buying Will Not Be Allowed in FCT Elections, INEC Chairman Warns

KEY POINTS INEC says vote buying will not be tolerated in the February 21...

February 19, 2026

News

JAMB Fixes Final Deadline as Over 1.5 Million Register for 2026 UTME

KEY POINTS JAMB says registration for the 2026 UTME will close February 26 with...

February 19, 2026

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Nigeria Spends $3.5bn on Debt Servicing Despite Ongoing Reforms

Nigeria's external debt servicing surged 39.77% in the first nine months of 2024, as reforms aimed at curbing borrowing failed to ease costs

November 19, 2024

Business

Nigeria’s Debt Crisis: A Growing Concern

Nigeria’s rising debt and looming cash shortage paint a troubling picture for its economic future. As global pressures increase, what can be done to avert a fiscal crisis?

October 21, 2024

News

Loan Apps Surge by 80% as Nigerians’ Debt Appetite Reaches N7.5tn

The number of approved loan apps in Nigeria has jumped by 80%, with Nigerians' debt appetite reaching N7.5tn, driven by inflation and rising living costs.

October 3, 2024

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