Category : Search result: Nigeria debt crisis


Nigeria Baking Crisis: 80,000 Bakeries Shut Down

Nigeria's baking industry faces collapse as over 80,000 bakeries closed since 2020 due to high production costs, energy crisis, and insecurity. Learn how this affects jobs and bread prices.

Senate okays N1.15trn loan for 2025 budget deficit

The Nigerian Senate has approved President Tinubu's request to borrow N1.15 trillion from the domestic debt market to fund the increased 2025 budget deficit. Read the full details and implications.

US Military Drafts Nigeria Plans as General Warns Trump

Exclusive report reveals Pentagon preparing military options for Nigeria amid security crisis, while retired General Jack Keane cautions against Iraq-style intervention. Analysis of US-Nigeria relations and regional implications.

Obaseki Denies N600B Debt: 'Political Fiction'

Edo State Governor Godwin Obaseki vehemently denies allegations of leaving massive debt, calling it political propaganda. Get exclusive insights into the financial facts and the governor's explosive response.

House Scrutinizes Tinubu's N1.15T Loan Request

Nigeria's House of Representatives launches thorough investigation into President Tinubu's massive N1.15 trillion loan request amid growing economic concerns and national debt worries.

BRIPAN Reforms Nigeria's Insolvency Practice Nationwide

The Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) is spearheading a nationwide initiative to strengthen Nigeria's insolvency framework, enhance practitioner expertise, and boost investor confidence through comprehensive re

Sudanese Women Describe Mass Rape Fleeing El Fasher

Disturbing eyewitness accounts emerge from Sudan as women and girls describe systematic sexual violence while fleeing conflict in El Fasher. Survivors reveal how armed men preyed on vulnerable civilians.

Nigeria-China relations face major overhaul

Nigeria reevaluates its partnership with China amid mounting debt worries and environmental impact concerns. Discover how this strategic shift could reshape bilateral relations.

Nigerian Lady Begs Trump for Military Help Against Bandits

A desperate Nigerian woman's social media appeal to former US President Donald Trump for military intervention against banditry and kidnapping has gone viral, highlighting the growing security concerns across Nigeria.

NASS Loan Approval: Why Nigerians Shouldn't Worry

Government official reveals why the National Assembly's approval of a $2.347 billion loan shouldn't worry citizens - and how it will actually benefit Nigeria's economy and infrastructure development.

Sharia Council: When Nigeria Sinks, We All Bear the Brunt

Nigeria's Supreme Council for Sharia has issued a stern warning about escalating religious tensions, condemning false narratives about Christian killings and emphasizing national unity in the face of potential crisis.

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