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 ...

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 ...

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 ...

When the debt limit is hit, the Treasury Department will begin using “extraordinary measures” – accounting tools it can use to avoid defaulting on government obligations for some time after the debt ...

Philippine dollar reserves declined in December due mainly to net foreign exchange operations of the central bank and the ...

San Angelo begins 2025 with less debt than other comparable cities in Texas. Figures from the Texas Bond Rating Board show ...

In the face of dual pressures from an economic crisis and climate vulnerability, Sri Lanka should consider alternative ...

Thomas’ Miami-based CGI Merchant Group is getting pummeled with foreclosure filings and reports of delinquent loan payments, ...

Chicago still has time to voluntarily address its financial issues before ultimately defaulting on its debt, which led to Detroit filing for bankruptcy in 2013.