However, CBN data shows that the ratio worsened to 147 per cent in the first nine months of 2024. The global credit ratings agency, Fitch, earlier projected Nigeria’s external debt servicing to rise ...

Definition: Debt consolidation means combining more than one debt obligation into a new loan with a favourable term structure such as lower interest rate structure, tenure, etc. Here, the amount ...

The Treasury Department on Friday said the government is beginning to run out of money to finance its debt obligations.

Collateralized debt obligations (CDOs) are a type of structured investment finance product that contain various assets and loan products. Investment banks package bank loans, mortgages ...

Our debt ratios show the amount of money we owe relative to the amount of assetsand income that we own and produce ...

Reliance Power's Sasan Power Ltd. has paid USD 150 million to IIFCL, fulfilling its debt obligation. This repayment will ...

said Nigeria has made adequate budgetary provisions to meet debt obligations.The DMO spoke in a statement yesterday referencing the issuance of $2.2 billion Eurobonds. Director-General of Debt ...

By Aubrey Rose A. Inosante, Reporter THE NATIONAL Government’s (NG) outstanding debt rose to a fresh high of P16.09 trillion ...

Consumer debt is the total amount of money owed by individuals as a result of borrowing to fund personal, non-business ...

Only GO debt has the full faith and credit of the state or local unit’s taxing power. Wall Street views GO debt as much more ...

The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend ...

Debt Management Office (DMO) has said the Federal Government has made adequate budgetary provisions to meet the country’s foreign and local debt obligations. The DMO in a statement yesterday ...