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Economy

FG Owes China, Japan, Germany, Two others $4.85bn

The Federal Government of Nigeria borrowed about $3.27bn from five countries between June 30, 2015 and September 30, 2022, according to documents obtained...

Economy

Finance Minister Insists Nigeria Is Not Broke

BY NKECHI NAECHE-ESEZOBOR– Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has reassured Nigerians that the country is not broke. She...

Economy

World Bank Demands Debt Transparency, Says Nigeria, Others Need $429bn 

The World Bank has demanded debt transparency as a crucial step in countries’ development process, while it estimates that external financing needs in...

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