…dominated, with foreign direct investment accounting for only a small proportion. “Public debt is rising and stood at N166.79 trillion in June 2026, while debt servicing has moderated to about 50% of federal revenue. However, transformation requires patient capital and longer-term investment in productive assets.” Givi…

…petrol has achieved several objectives for government. First, it ended the issuance of public debt to finance the consumption subsidy. It repaired the damaged balance sheet of NNPC which could not remit revenue to government while the subsidy lasted. As a result of savings from subsidy removal, the federation account h…

…handling of the protests. France is wrestling with a multitude of crises including high public debt, anger over soaring prices and the rise of the far right. The unrest on Saturday broke out after around half a million people turned out across France to denounce the cost of living, following four weeks of school protes…

…the biggest gainers on the continent, despite ongoing concerns about the country’s high public debt, cost of living, inflation, infrastructure deficit and foreign exchange pressures. Mauritius emerged as the most investable African market in the latest ranking, while Botswana fell two places. South Africa, which topped…

…multilateral debt at $20.73bn as of June 2026The Debt Management Office confirmed total public debt reached N166.79 trillion at the end of June 2026PAY ATTENTION: Mark Legit.ng as a preferred source, and our content will appear higher in your Google feed!Legit.ng journalist Dave Ibemere has over a decade of experience…

…value to justify the repayment burden,” he said. He warned that Nigeria’s growing public debt could put additional pressure on the country’s future fiscal space if borrowing continued without corresponding economic returns. “With public debt already placing pressure on future fiscal space, excessive borrowing can const…

…by the Debt Management Office (DMO).The figure accounts for 2.75% of Nigeria's total public debt of N166.79 trillion as of the same date.Nigeria’s states and FCT record N4.59 trillion domestic debt as of June 2026 Photo: BloombergImagesData obtained from the Debt Management Office showed that the federal government hel…

…discussions with the World Bank for three new loans totalling $1.5bn, even as Nigeria’s public debt climbed to a record N166.79tn at the end of June 2026. Documents obtained from the World Bank show that the proposed financing comprises three separate $500m facilities for climate resilience, social protection and early…

…discussions with the World Bank for three new loans totalling $1.5bn, even as Nigeria’s public debt climbed to a record N166.79tn at the end of June 2026. Documents obtained from the World Bank show that the proposed financing comprises three separate $500m facilities for climate resilience, social protection and early…

Denmark's government published a list of public debts that automatically disqualify foreigners from obtaining a permanent residence permitThe Danish authorities confirmed that any overdue public payment, no matter the amount, is enough to block a permanent residence applicationSix specific categories of debt appear on…

…level mirrors the broader debt challenge facing the Federal Government. Nigeria’s total public debt stock rose to N159.35tn at the end of March 2026, representing an increase of almost N10tn within one year. The rise underscores the continued reliance on borrowing to finance government programmes and infrastructure des…

…before increased government support could translate fully into higher production. On public debt, the NRS acknowledged that Nigeria’s total debt stock had increased substantially, from N87.4tn in 2023 to N159.28tn in late 2025. However, it argued that the more important measure was the country’s debt relative to the si…

…reforms face mounting risks as persistent budget overlaps, chronic deficits, soaring public debt, weak revenue generation and heavy expenditure pressures threaten to undermine recent economic stabilisation gains The post Current fiscal status threat to reform gains — Experts appeared first on Tribune Online.

…significantly to discussions on fiscal reforms, domestic revenue mobilisation, public debt management, foreign exchange reforms and other key government priorities. The statement noted, “He added that his commitment to dialogue, mutual respect and practical problem-solving further strengthened the longstanding relation…

…Burnham, an MP between 2001 and 2017, has little room to manoeuvre amid high public debt and strict financial rules requiring him to balance government spending against tax revenue. Starmer led Labour to a landslide election victory in July 2024 after 14 years of Conservative rule, but his premiership became characteri…

…of Ways and Means advances. He said, “When this administration came into office, public debt was around ₦75 trillion. Many people simply compare that figure with today’s debt stock and conclude that this government has borrowed massively. “However, it is important to note that, following the reforms and the depreciatio…

…external reserves have grown to about $51.5 billion as reported, but that total public debt has also increased to ₦156.28 trillion, with $11.6 billion set aside for debt servicing in 2026 alone, more than Nigeria spends on education, health, and agriculture combined. Most recently, the World Bank warned that despite re…

…securities had helped draw portfolio investors, they were also increasing the burden of public debt. Yusuf told The PUNCH that the interest rates offered on government bonds and treasury instruments were excessively high and required coordination between fiscal and monetary authorities to moderate. “It’s helping us to…

…easing to 5.0 per cent in 2026. The Fund further projected that interest payments on public debt would rise from $2bn in 2025 to $3bn by 2027. At the Federal Government level, debt servicing is expected to continue consuming more than half of government revenue. The IMF estimated that interest payments absorbed 53.2 pe…

…and stores taken over for military and administrative purposes; and (3) £250,000 public debt. In addition, the British Government undertook to impose royal- ties on minerals won in the area lying between and north of the Niger and Benue, with the exception of Bornu Province, and to pay to the Company for a period of 99…