The Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Dr. Chinyere Almona, has called for transparency and efficiency in the disbursement of the World Bank’s newly approved $500 …
The World Bank has classified Ghana as a high debt distress country as it projects the nation’s debt to Gross Domestic Product (GDP) of 104.6 per cent by the end …
The Association of Licensed Telecommunications Operators of Nigeria says banks’ Unstructured Supplementary Service Data (USSD) debt has increased to N80 billion from N42 billion reported in 2021. The President of …
The International Monetary Fund (IMF) has cooled speculations that Ghana is poised to start talks on the restructuring of its debt as part of plans to secure a $3 billion …
The Debt Management Office (DMO) said Nigeria’s total public debt stock, which was N41.60 trillion (100.07 billion dollars) in March rose to N42.84 trillion (103.31 billion dollars) by June. According …
According to authorities, the government of Nigeria this week threatened to shut down domestic airlines over multi billion naira debt. The airlines owed the government N19 billion and $7.6 million …
Egypt’s total debt service surged 105.76% year-on-year during the third quarter of the fiscal year 2021/2022, recording $6.292 billion, according to data released by the Central Bank of Egypt (CBE). Quarter-on-quarter (QoQ), …
A-Z Petroleum Products Ltd, on Wednesday urged the House of Representatives to help in recovering N30 billion liabilities due to it from the Ministry of Finance, Budget and National Planning …
Nigeria’s debt service ratio has been ranked the worst in the world by the Economist Intelligence Unit (EIU), the world leader in global business intelligence. Analysts at the EIU in a …
Airtel Africa disclosed Friday it has settled nearly half of its $1 billion guaranteed senior notes set for maturity in May 2024, barely a fortnight after it made a call for redemption to …