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Nigeria Debt Crisis

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Gunfire Erupts as Hoodlums Attack Governor Adeleke’s Convoy in Osogbo

KEY POINTS Suspected hoodlums attacked Governor Ademola Adeleke’s convoy after his visit to the...
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Inmate Escapes from Maximum Security Custodial Centre in Maiduguri

KEY POINTS Inmate escapes from Maiduguri maximum-security prison. NCoS identifies him as “JOHN ISEARL”. ...
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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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Gunfire Erupts as Hoodlums Attack Governor Adeleke’s Convoy in Osogbo

KEY POINTS Suspected hoodlums attacked Governor Ademola Adeleke’s convoy after his visit to the...
News

Inmate Escapes from Maximum Security Custodial Centre in Maiduguri

KEY POINTS Inmate escapes from Maiduguri maximum-security prison. NCoS identifies him as “JOHN ISEARL”. ...
News

Man Threatens to Destroy Communities on Niger-Kebbi Boundary

KEY POINTS Man threatens to destroy Niger-Kebbi border communities. He warns residents against farming...
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83 Nigerians to Return Home from South Africa Amid Rising Xenophobic Attacks

KEY POINTS 83 Nigerians are expected to arrive in Lagos from South Africa on...