Tag: Debt

Kenya Targets Debt Reduction Amidst IMF Program Uncertainty

In a move aimed at restoring investor confidence and stabilizing the nation's…

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Kenya Seeks New IMF Loan Amid Unused Funds, Debt Pressures

Kenya has initiated discussions with the International Monetary Fund (IMF) for a…

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Nigeria’s Debt Service Drops, IMF Assesses Sustainability Amidst Economic Reforms

Recent data from the Central Bank of Nigeria (CBN) reveals a significant…

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Egypt Secures $1.2B IMF Boost Amid Economic Shifts

Cairo's economic landscape is undergoing significant adjustments, as the International Monetary Fund…

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Nigeria Among Top 3 African Debtors: Afreximbank Report Reveals Rising External Debt

The weight of external debt continues to press down on Africa's economic…

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Oil Company Face Scrutiny Over N9.4 Trillion Debt to Federal Government

Pushing for fiscal responsibility, the House of Representatives Committee on Public Accounts…

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Consumer Credit Surge: Nigerians Borrowing Hits N4.42 Trillion

In a notable economic shift, Nigeria's consumer credit outstanding surged by a…

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Oil Giants Owe Nigeria $6.1 Billion – NEITI

The Nigerian Extractive Industries Transparency Initiative (NEITI) has issued a stark warning:…

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