News

Posts falsely claim Nigeria was 'debt-free' after settling IMF loans
Following the news that Nigeria paid off its remaining loans from the International Monetary Fund (IMF) in May, Facebook ...
Legit.ng on MSN2d
Nigeria’s debt servicing costs surge amid falling oil prices, rising loans
Nigeria plans to borrow $26 billion in 2025–2026 to bridge budget gaps, raising concerns from the IMF and analysts about ...
Leadership2d
IMF, Analysts Caution Federal Gov’t Over Increasing Debt
The International Monetary Fund (IMF) and financial analysts have raised red flags over Nigeria’s rising public debt, as the ...
Legit.ng on MSN9d
After Clearing $3.4 Billion IMF Debt, Nigeria Repays Chinese, Indian, Other Loans, Amount Surfaces
Data from the Central Bank of Nigeria (CBN) shows that Nigeria spent about $2.01 billion servicing external debts in the ...
Daily Post Nigeria1d
Economy will collapse if Nigeria does not borrow – Orji Kalu
The lawmaker representing Abia North Senatorial District, Orji Kalu, says without external financing, the country’s economy ...
allAfrica.com on MSN12d
Abiola’s wife praises Tinubu over Nigeria’s IMF debt settlement
Abiola, wife of late Chief MKO Abiola, has lauded President Bola Tinubu for his economic reforms, resulting in the ...
APAnews12d
Nigeria’s external debt servicing gulps $2bn in 4 months – Report
Nigeria spent about $2.01bn on external debt servicing between January and April 2025, marking a 50 per cent increase ...
Channels Television13d
Nigeria’s Foreign Debt Repayment Surges By 49% Year-On-Year
Debt servicing alone accounted for 77.1 per cent of Nigeria’s total international payments within the four months, a sharp rise from the 64.5 per cent share recorded in the same period of 2024.
Channels Television2d
Debts: If Nigeria Does Not Borrow, The Economy Will Collapse – Orji Kalu
Amid concerns over Nigeria’s rising debt profile, Senator Orji Kalu has stated that the country’s economy could face collapse.