Category : Search result: public debt sustainability


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.

Tinubu Departs for Europe, Heads to UAE Summit

President Bola Tinubu has left Nigeria for Europe, continuing his break before a key trip to Abu Dhabi for the 2026 Sustainability Week Summit. Get the full details on his itinerary and the high-level invitation from the UAE President.

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.

Tinubu Travels to Europe Ahead of Abu Dhabi Summit

President Bola Tinubu has departed Lagos for Europe, en route to the Abu Dhabi Sustainability Week 2026. He will join global leaders to discuss climate action and Nigeria's energy future. Read more.

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.

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.

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.

Apple's Quiet Strategy for Consumerism in Nigeria

Explore the subtle psychology behind Apple's polished products and upgrade cycles. Discover why Nigerians keep buying despite high costs and what it says about tech, identity, and consumption.

Reps summon 3 DisCos over N100bn debt to FG

The House of Representatives Public Accounts Committee has summoned IBEDC, BEDC, and PHEDC over an alleged N100 billion debt. The companies have 72 hours to appear or face sanctions. Read more.

ADC to Protest FG's N500bn Debt to Contractors, Pensioners

The African Democratic Congress (ADC) threatens to join ongoing protests by unpaid local contractors and pensioners. The party condemns the APC-led Federal Government's staggering debts, calling it insensitive governance.

Worker stabs supervisor over N10,000 debt in Rivers

A 35-year-old construction worker, Joshua, is in police custody after allegedly stabbing his supervisor into a coma over a N10,000 payment dispute in Ikwerre LGA. The victim is hospitalized, calling for justice.

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