Category : Search result: public debt per citizen


SEC: Over ₦753bn Raised via Commercial Paper Issuance

SEC DG Dr. Emomotimi Agama reveals Nigerian firms raised over ₦753bn in commercial papers from April to October 2025, signaling strong investor confidence and market resilience. Discover the key drivers and future outlook.

State Debt Rises by N94.79bn in Three Months

Nigeria's 36 states and FCT saw domestic debt rise to N3.96tn in Q2 2025. Experts warn of a structural crisis as debt servicing eats into funds for health and education. Read the full analysis.

Man reports MRS station selling fuel above N739 to Dangote

A Nigerian man has exposed an MRS filling station in Kebbi State selling petrol at N850 per litre, defying Dangote's N739 price directive. He reported the incident directly to Dangote Group, urging immediate action. Read the full story and public reaction

Countries Where Christmas Is Not a Public Holiday

While Nigeria marks Christmas with a public holiday, in 36 nations, including Israel, Saudi Arabia, and China, December 25 is a regular workday. Discover the reasons behind this global diversity.

LCCI: N15.52tr Debt Service a Huge Fiscal Burden

LCCI warns Nigeria's N15.52 trillion debt service allocation threatens economic stability. DG Chinyere Almona calls for stricter borrowing, revenue mobilisation. Read the full analysis.

Power Grid Crashes to 3,000MW, N5 Trillion Lost

Nigeria's power crisis deepens as grid output averages 3,000MW, far below 13,625MW capacity. Experts blame N4 trillion debt and poor remittance, leaving many in darkness this Christmas. Read the full analysis.

Nigerians Confirm N739 Fuel Price at MRS Stations

Several Nigerians have confirmed purchasing petrol at the new N739 per litre price announced by Dangote Refinery. Reports from Lagos stations verify the reduction, offering relief amid high costs.

Nigerian Nurse Becomes British Citizen, Shows Gold Medal

A Nigerian nurse based in the UK has achieved her dream of becoming a British citizen. She celebrated online, showcasing a special golden medal received from the government, amid mixed reactions from netizens.

ADC: 2026 Budget Built on Quicksand, More Debt

The African Democratic Congress (ADC) criticizes Tinubu's 2026 budget proposal, calling it fiscally reckless and a debt trap that mortgages Nigeria's future. Read their full analysis.

Telefonica Cuts 5,500 Jobs in Spain

Telefonica announces a massive voluntary departure plan affecting 5,500 employees in Spain, costing €2.5 billion. The move is part of a new strategic focus. Read more.

BPP Saves ₦1 Trillion, Sets New Procurement Record

The Bureau of Public Procurement has saved Nigeria over one trillion naira in one budget cycle through price reforms. This historic achievement is being celebrated as a major win for transparency and fiscal discipline. Read more about this landmark feat.

Dangote Refinery Cuts Fuel Price to N699/Litre

Dangote Refinery reduces petrol price to N699 per litre at its Lagos gantry, exciting Nigerians and prompting calls to end fuel imports. Read public reactions and details.

Nigeria's Debt, Salaries Exceed Revenue in 2025

Nigeria's Federal Government spent more on debt servicing and salaries than it earned in 2025's first seven months, with a N10.19tn revenue shortfall. Oil earnings slumped over 60%. Read the full analysis.

Kano State Unveils Fix Kano Digital Platform

Kano State Governor Abba Kabir Yusuf has launched the Fix Kano App, a digital platform for citizens to report issues and track government action. The move aims to enhance transparency and public service delivery.

Man Confirms Dangote's N739 Fuel Price, Posts Receipt

A Nigerian man visited an MRS station in Lagos to verify Dangote's new petrol price of N739 per litre. He shared a video and receipt, showing significant savings. Read his story and public reactions here.

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