Tag: Debt

Nigeria Faces Widening Fiscal Deficit as Debt Burden Looms, IMF Warns

The International Monetary Fund (IMF) has issued a stark warning about Nigeria's…

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Nigeria Seeks N350 Billion in New Bond Auction to Tackle Budget Deficit

Following a substantial N1.94 trillion raised from bond investors in the first…

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Nigeria’s Debt Service Projected to Surge to $5.2 Billion in 2025, Fitch Warns

Nigeria's external debt service is projected to climb to a substantial $5.2…

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Nigeria Faces Imminent Blackout as GenCos Demand N4 Trillion Debt Settlement

Nigeria's power sector is teetering on the brink of collapse as power…

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Nigeria’s Power Grid Faces Imminent Shutdown as GenCos Demand N4 Trillion Debt Settlement

The Association of Power Generation Companies (APGC) has issued a stark warning:…

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Nigeria Slashes Natural Gas Prices for Power Firms Amid Debt Crisis

In a bidaimed at alleviating the crippling debt burden faced by power…

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Nigeria’s Power Grid Faces Collapse Amidst $400M Debt, Warns Elumelu

The stability of Nigeria's electricity supply is under severe threat, with Tony…

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Nigeria’s Debt Servicing Surges 68% to N13 Trillion, Fueling Economic Concerns

Nigeria's fiscal landscape is facing increasing strain as the nation's debt servicing…

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