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Debt

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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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India Eyes Nigerian Oil Purchases in Naira, Boosting De-Dollarization Efforts
India Eyes Nigerian Oil Purchases in Naira, Boosting De-Dollarization Efforts
Nigeria SEC Pushes for Stronger Crypto Fraud Crackdown Amid Rising Scams
Nigeria SEC Pushes for Stronger Crypto Fraud Crackdown Amid Rising…
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Nigerian Firms Post Record Cash Flows Amid Economic Recovery
BRICS Expansion 2025: 11 Members, 32 More Nations in Line to Join
BRICS Expansion 2025: 11 Members, 32 More Nations in Line…
Lagos Court Jails Man Over $42,000, ₦37m Crypto Fraud
Lagos Court Jails Man Over $42,000, ₦37m Crypto Fraud
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Trump Pushes for Crypto and Alternative Assets in U.S. Retirement…
South Africa Urges U.S. to Reconsider 30% Tariff on Exports
South Africa Urges U.S. to Reconsider 30% Tariff on Exports
CBN Concludes FX Forward Audit, Refunds Banks in Naira
CBN Concludes FX Forward Audit, Refunds Banks in Naira
Trump’s Alleged Executive Order Targets Bank Bias Against Conservatives And Crypto Firms
Trump’s Alleged Executive Order Targets Bank Bias Against Conservatives And…
Nigeria Flags $2.1B in Suspicious Crypto Deals Across West Africa
Nigeria Flags $2.1B in Suspicious Crypto Deals Across West Africa
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