Aluta News The Debt Management Office (DMO) says Nigeria’s total public debt stock hit N121.67 trillion (91.46 billion dollars) in March. The Director-General of the DMO, Patience Oniha, made this known in a statement on… Nigeria’s debt stock hits N121trn – DMO

Aluta News The African Development Bank (AfDB) Group has inaugurated a series of training programmes to support 22 Transitional or fragile African states in managing their debt more effectively. This is contained in a statement… AfDB unveils programme to manage debt crises in Africa

By Aluta News March 27, 2024 Nigeria’s public debt stock increased from N87.91 trillion (114.35 billion dollars ) in the third quarter of 2023 to N97.34 trillion (108.23 billion dollars ) in the fourth quarter… Nigeria’s public debt stock increases to N97.34trn in Q4 2023 – NBS

By Aluta News Dec 21, 2023 The Independent Petroleum Marketers Association of Nigeria  (IPMAN) has called on the Federal Government to pay members their bridging claims of about N15 billion. Mr Chinedu Anyaso, Chairman of… IPMAN decries non-payment of bridging claims to members

By Aluta News May 14, 2023 The Debt Management Office (DMO) says decades of operating budget deficits by successive governments is responsible for Nigeria’s high debt profile. The Director-General of the DMO, Patience Oniha, said… Budget deficits, low revenue responsible for rising debt – DMO

By Aluta News May 12, 2023 Telecommunications Operators in Nigeria say they have been granted approval by the Nigerian Communications Commission (NCC) to disconnect banks over N120 billion Unstructured Supplementary Service Data (USSD) debt. This… Telecom operators to disconnect banks over N120bn USSD debt

By Aluta News Sept 29, 2022 The Association of Telecommunications Operators of Nigeria (ALTON) says banks’ Unstructured Supplementary Service Data (USSD) debt has increased to N80 billion from N42 billion reported in 2021. The President of… Banks’ USSD debt has increased to N80bn – Telecom operators