Category : Search result: Nigeria external debt service


Nigeria starts N185bn gas legacy debt repayment

The Federal Government has commenced settling N185 billion in legacy debts to gas producers. This move, approved by NEC, aims to revitalize the gas sector, improve electricity generation, and stimulate economic growth. Read more.

N185bn Approved to Settle Gas Debts for Power Boost

The Federal Government has approved N185 billion to pay legacy debts to gas producers, aiming to restore confidence, boost gas supply, and improve Nigeria's electricity generation. Read more.

FG to Clear N4tr Road Contractors' Debt by Dec 20

The Federal Government has set a December 20 deadline to settle all outstanding payments owed to road contractors, following protests over N4 trillion in delayed project financing. Minister David Umahi announced the presidential directive.

Federal Fire Service Announces New Job Vacancies

The CDCFIB has announced new mid-management vacancies in the Federal Fire Service. Serving government employees have one week to apply via the official email. Check eligibility.

Contractors Protest N760bn Debt, Disrupt Ministry

Indigenous contractors block the Federal Ministry of Finance in Abuja, demanding payment of N760 billion for completed 2024 projects. The protest disrupts government activities as financial distress deepens.

Naira Strengthens as Dollar Inflows Surge Over 64%

The Nigerian Naira receives a significant boost as dollar inflows into the FX market jump by 64.24% to $841.10 million, improving liquidity and strengthening the official rate. Read the full analysis.

National Debt Rises to N152.4 Trillion

Nigeria's public debt surges to N152.39 trillion as experts warn short-term investments threaten fiscal stability. State debts see historic decline. Read the full analysis.

Police Rescue 40 Trafficking Victims in Nasarawa

Nasarawa police rescue 40 Malian and Ivorian trafficking victims from a Mararaba bungalow. Prime suspect apprehended, victims handed to Immigration for investigation and repatriation.

Africa's $90B Debt Crisis Blocks Climate Action

African countries spent $90B on debt servicing in 2024 while climate finance falls short. G20 summit must deliver debt relief to unlock Africa's green transition and global climate security.

Kenya: Economic Crisis & Political Unrest Deepen

Kenya faces multiple crises: public debt hits 68% of GDP, 41 protest deaths, rising femicide cases, and environmental breakdown. Can President Ruto's priorities save East Africa's powerhouse?

Zamfara Settles N67m Debt for 436 Freed Inmates

Zamfara First Lady Hajiya Huriyya Lawal has secured the freedom of 436 inmates by settling their N67.2m debt. The intervention occurred during a mass wedding ceremony for 200 orphans in Gusau.

Kano Free Trade Zone Hits N18.8b Revenue in 2025

Kano Free Trade Zone reports N18.8 billion revenue from Jan-Oct 2025, signaling growth in Nigeria's non-oil sector. Discover how this achievement boosts economic diversification.

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