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Nigeria Debt Crisis

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Rivers Deputy Governor Ngozi Odu Leaves PDP for APC

KEY POINTS Rivers Deputy Governor Ngozi Odu has defected from the PDP to the...

January 6, 2026

News

APC Secretary Tells Wike to Quit Cabinet, Accuses Him of Meddling in Rivers Politics

KEY POINTS APC national secretary Ajibola Basiru says Nyesom Wike should resign as FCT...

January 6, 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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