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Nigeria Debt Crisis

NDLEA Arrests Two Elderly Men Over Alleged Drug Sales to Students in Abia

KEY POINTS • NDLEA arrested two elderly men, aged 84 and 75, over alleged drug...

Mob Kills Woman Accused of Child Theft in Kaduna

KEY POINTS • An angry mob killed a woman accused of child theft in Maraban...

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

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?

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.

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.

Latest articles

NDLEA Arrests Two Elderly Men Over Alleged Drug Sales to Students in Abia

KEY POINTS • NDLEA arrested two elderly men, aged 84 and 75, over alleged drug...

Mob Kills Woman Accused of Child Theft in Kaduna

KEY POINTS • An angry mob killed a woman accused of child theft in Maraban...

Militia Leader Threatens Attacks on Adamawa Communities

KEY POINTS • A suspected militia leader threatened night-time attacks on Bachama communities in Adamawa...

Oyo abducted pupils and teachers will regain freedom soon, says DIG Fayoade

The South-West Coordinating DIG, Adegoke Fayoade, says abducted schoolchildren and teachers in Oyo State will soon regain freedom, insisting security agencies are focused on rescue, not ransom.