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Nigeria Debt Crisis

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AltBank rolls out non-interest financing for drug makers

AltBank's Jekwu Ozoemene unveiled tailored non-interest financing for Nigerian pharmaceutical manufacturers, aiming to cut Africa's 97 percent dependence on drug imports.
News

Onitsha residents back Obi for 2027 as NDC zones to South

Onitsha residents rallied to endorse Peter Obi's 2027 presidential bid after the Nigeria Democratic Congress zoned its presidential ticket to Southern Nigeria.
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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
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?
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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.
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Obasanjo Warns of Nigeria’s Growing Debt Burden, Leadership Crisis

Obasanjo discusses Nigeria's debt burden, leadership crisis, and the need for better governance at the Future Africa Leaders Foundation meeting.

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News

AltBank rolls out non-interest financing for drug makers

AltBank's Jekwu Ozoemene unveiled tailored non-interest financing for Nigerian pharmaceutical manufacturers, aiming to cut Africa's 97 percent dependence on drug imports.
News

Onitsha residents back Obi for 2027 as NDC zones to South

Onitsha residents rallied to endorse Peter Obi's 2027 presidential bid after the Nigeria Democratic Congress zoned its presidential ticket to Southern Nigeria.
News

FG Sets 150 as Minimum Cut-Off Mark for University, Nursing Admissions in Nigeria

KEY POINTS The Federal Government approved 150 as the minimum cut-off mark for universities...
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NESG warns Nigeria’s debt strain persists despite stability

NESG warned that Nigeria's debt strain persists as the federal government's 2026 borrowing plan climbed to N29.2 trillion despite headline stability indicators.