Nigeria debt News
Latest articles and news about Nigeria debt on AXL Media.
Latest Articles
- Nigeria External Debt Hits 51 Billion Dollars as Lagos and Kaduna Lead Subnational Borrowing
Published: Apr 27, 2026
Section: Africa
Data from the National Bureau of Statistics reveals that Nigeria's total external debt climbed to 51 billion dollars (N74.43 trillion) in the fourth quarter of 2025. Lagos State re...
- Tinubu Removes Finance Minister Wale Edun as Revenue Shortfalls and Integrity Concerns Destabilize Economic Cabinet
Published: Apr 27, 2026
Section: Africa
President Bola Ahmed Tinubu dismissed Wale Edun as Finance Minister on April 27, 2026, following a public contradiction regarding a one trillion naira revenue shortfall. The remova...
- Nigeria Accumulates Average of N82 Billion Daily Debt Under Tinubu Administration as Foreign Loans Surge
Published: Apr 25, 2026
Section: Africa
Recent fiscal data indicates that the administration of President Bola Ahmed Tinubu is adding approximately N82 billion to Nigeria’s public debt every 24 hours during the first 114...
- Nigeria Scales Down April Bond Auction to N700 Billion Amid Mounting Fiscal Debt Pressures
Published: Apr 23, 2026
Section: Africa
The Debt Management Office has reduced its April 2026 domestic bond offer to N700 billion, continuing a four-month trend of tapering government borrowing. Slated for auction on Apr...
- Nigeria Rejects $50 Billion IMF Support Package to Avoid Increasing National Debt Burden
Published: Apr 17, 2026
Section: Africa
Finance Minister Wale Edun announced that Nigeria will not access a newly proposed $50 billion IMF facility intended for Sub-Saharan African nations. Despite rising public debt, wh...
- ADC National Convention: Atiku, Obi, and Amaechi Demand Unity and Data-Driven Leadership for 2027
Published: Apr 15, 2026
Section: Africa
At the 2026 African Democratic Congress (ADC) national convention in Abuja, prominent political figures Atiku Abubakar, Peter Obi, and Rotimi Amaechi issued a collective call for a...
- Atiku, Amaechi, And Obi Demand National Unity At ADC Convention Ahead Of 2027 Polls
Published: Apr 15, 2026
Section: Africa
High-profile political leaders Atiku Abubakar, Rotimi Amaechi, and Peter Obi converged at the 2026 African Democratic Congress national convention to call for a departure from divi...
- Presidential Aspirant Olajide Filani Challenges Federal Government Strategic Rationale for New Six Billion Dollar External Loan Package
Published: Apr 5, 2026
Section: Africa
Young Progressives Party aspirant Olajide Filani has raised concerns over the Senate's approval of a $6 billion external loan for President Bola Tinubu’s administration. Filani arg...
- Former Senator Dino Melaye Critiques National Debt Surge Under Tinubu Administration as Nigeria Becomes a ‘Chattered Borrowing Nation’
Published: Mar 26, 2026
Section: Africa
Ex-lawmaker Dino Melaye has raised alarms over the rapid escalation of Nigeria’s public debt, claiming the current administration has outpaced previous borrowing levels in a shorte...
- Senator Jimoh Ibrahim Defends Nigeria’s Debt Management Under President Tinubu Citing Global Fiscal Data and Structural Revenue Reforms
Published: Mar 5, 2026
Section: Africa
Senator Jimoh Ibrahim has dismissed claims of reckless borrowing by the current administration, asserting that Nigeria remains excluded from the list of the world's most heavily in...