Category : Search result: states domestic debt


U.S. Replaces South Africa with Poland for G20 Summit

The United States has excluded South Africa from the 2026 G20 summit, inviting Poland instead. U.S. Secretary of State Marco Rubio cited economic and political reasons. South Africa says it will wait out the 2026 meetings. Read the full story.

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.

Cleric Lists 11 Terror-Prone States, Warns Tinubu

Primate Ayodele warns President Tinubu to end insecurity before April 2026, listing 11 high-risk states. He cautions that the 2027 elections may be threatened. Read the full advisory.

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.

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.

Africa's $163bn Debt Crisis Needs EU Action

African leaders warn Europe must help break debt cycle as countries pay $163bn annually. Unsustainable debt hampers climate resilience and development across the continent.

Bauchi Closes Schools Amid Security Crisis

Bauchi state government orders immediate closure of all public and private schools due to escalating security threats across northern Nigeria. Stay informed.

Lagos-Calabar Highway Section Opens December 2025

Federal Government confirms the first 47km of Lagos-Calabar coastal highway will open to motorists between December 12-17, 2025. Get the latest updates on this transformative infrastructure project.

7 States Shut Schools Over Insecurity Threats

Multiple Nigerian states have closed schools due to escalating insecurity and targeted attacks. Learn which states are affected and why officials took this drastic action.

Yoruba Leaders Call for Religious Unity in Nigeria

Yoruba traditional leaders across 19 Northern states urge Christians and Muslims to unite against insecurity. They reject genocide claims, seek international cooperation based on facts.

Court Orders Police Out of Nestoil Premises

Federal High Court directs Lagos Police to withdraw officers from Nestoil facilities in ongoing debt dispute with FBNQuest Merchant Bank. Latest ruling shifts case dynamics.

Japan PM Takaichi defends $135bn stimulus package

Japanese Prime Minister Sanae Takaichi insists the $135 billion stimulus is fiscally responsible despite market concerns. Includes energy subsidies and tax cuts to combat inflation.

Nigeria at Risk of Debt Crisis, Experts Warn

Financial experts warn Nigeria risks another debt crisis without urgent reforms. Learn about the critical measures needed to stabilize the economy and prevent financial distress.

Court awards N20.7bn against petroleum marketer

A Federal High Court in Lagos has ordered Kehinde Elliot Ogbor and Danium Energy to pay Union Bank N20.7 billion. The bank can now seize and sell properties to recover the debt. Read the full details.

Page 2 of 4