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Tag "Debt to revenue ratio"

Ribadu and Buhari’s bankrupt county

    Ribadu and Buhari’s bankrupt county

Nuhu Ribadu, former chairman of the Economic and Financial Crimes Commission (EFCC) and now Nigeria’s national security adviser has been very vocal lately and there may well be many out

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FG spent 97% of Jan-May revenue on debt servicing

    FG spent 97% of Jan-May revenue on debt servicing

The federal government spent a total of N1.8 trillion on debt servicing out of N1.84 trillion revenue it generated for the five months (January-May) 2021. This puts the nation’s debt-to-revenue

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Fitch: Nigeria’s debt to revenue ratio may hit 395% by 2022

    Fitch: Nigeria’s debt to revenue ratio may hit 395% by 2022

Fitch Ratings, an international credit rating agency, has projected that Nigeria’s debt to revenue ratio will rise to 395 percent by 2022. The debt to revenue ratio is used to

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Lai: Atiku spreading falsehood on Nigeria’s debt profile

    Lai: Atiku spreading falsehood on Nigeria’s debt profile

Lai Mohammed, minister of information and culture, says former Vice-President Atiku Abubakar is spreading a false and frightening report on the country’s debt profile. Atiku had raised concerns on the country’s

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