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Kenya Becomes Africa’s Second-Highest IMF Debtor with $3.02 Billion Outstanding
Posted inAfrica Economy Press Release

Kenya Becomes Africa’s Second-Highest IMF Debtor with $3.02 Billion Outstanding

Posted by By Akachukwu Chukwuma 28/06/2025
Kenya now owes $3.02B to the IMF, ranking second in Africa and sixth globally, amid…
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Nigeria Fully Repays $3.4B IMF Loan, Still Owes $30M Annually in SDR Charges
Posted inEconomy

Nigeria Fully Repays $3.4B IMF Loan, Still Owes $30M Annually in SDR Charges

Posted by By Akachukwu Chukwuma 08/05/2025
Nigeria has cleared its $3.4 billion COVID-era loan from the IMF, signaling economic resilience amid…
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Nigeria’s Public Debt Hits N144.67 Trillion: Key Highlights
Posted inEconomy Press Release

Nigeria’s Public Debt Hits N144.67 Trillion: Key Highlights

Posted by By Akachukwu Chukwuma 05/04/2025
Nigeria’s total public debt surged to N144.67 trillion ($94.23 billion) as of December 2024—a 48.58%…
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Nigeria’s Debt-to-GDP Ratio Hits 55% in June 2024
Posted inBanking Economy Technology

Nigeria’s Debt-to-GDP Ratio Hits 55% in June 2024

Posted by By Akachukwu Chukwuma 16/11/2024
Nigeria's debt-to-GDP ratio ramped up to 55% by June 2024, a significant jump from 42.4%…
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Nigeria’s Public Debt Stock Skyrockets To N42 Trillion. Legislators Express Worry.
Posted inEconomy NEWS

Nigeria’s Public Debt Stock Skyrockets To N42 Trillion. Legislators Express Worry.

Posted by By Ekenedilichukwu 21/09/2022
The Debt Management Office (DMO) has disclosed that Nigeria’s total public debt stock, which was…
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Ghana Debt Default Risk Profile Ranked 2nd Globally.
Posted inNEWS

Ghana Debt Default Risk Profile Ranked 2nd Globally.

Posted by By Ekenedilichukwu 21/07/2022
Visual Capitalist latest report shows that, Ghana is now placed second on its list of…
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Nigeria Total Debt Profile Reaches All Time High At N41 Trillion As Election Heats Ups.
Posted inNEWS

Nigeria Total Debt Profile Reaches All Time High At N41 Trillion As Election Heats Ups.

Posted by By Ekenedilichukwu 08/06/2022
Report published by Debt Management Office (DMO) for first quarter of 2022, shows that the…
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Kenya Becomes Africa’s Second-Highest IMF Debtor with $3.02 Billion Outstanding
Kenya Becomes Africa’s Second-Highest IMF Debtor with $3.02 Billion Outstanding
Seychelles Tops Africa in Blockchain Funding, While Nigeria Leads in Deal Volume
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Boko Haram Uses Cryptocurrency to Fund Terrorism, Exploiting Gaps in Nigeria’s Financial Surveillance
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CBN Governor Calls for African Unity as Afreximbank Capital Surpasses $40 Billion
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Visa Partners with Yellow Card to Expand Stablecoin Payments Across Africa
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Kenya Bankers Association Explores Tokenized Collateral to Modernize Lending with Blockchain
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SEC Warns Nigerians Against Fraudulent Crypto Platform CMTrading Over Fake Media, Unlicensed Operations
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Nigeria Leads World in Stablecoin Adoption, Ranks Second Globally in Digital Asset Usage
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