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The Looming Debt Avalanche: Why...

The Looming Debt Avalanche: Why Nigeria’s external...

Naira could strengthen to ₦1,100/$1...

Naira could strengthen to ₦1,100/$1 in 2026,...

The Looming Debt Avalanche: Why Nigeria’s external borrowing is eating the future, by Abubakar M. Kareto

The Looming Debt Avalanche: Why Nigeria’s external borrowing is eating the future, by Abubakar M. Kareto The International Monetary Fund has just fired a fiscal flare gun into Nigeria's macroeconomic sky. In its newly released 2026 Article IV Consultation Report, the Fund projects that Nigeria’s public external debt is on track to climb from $51.9 billion to a staggering $72.6 billion by 2027. This represents a nearly 40 percent surge within a two-year window. For an economy already grappling with profound structural vulnerabilities, this looming debt avalanche raises a fundamental question...
Gift Luckson -
Opinion

The Looming Debt...

The Looming Debt Avalanche: Why Nigeria’s external borrowing is eating the future, by Abubakar M. Kareto The International Monetary Fund has just fired a fiscal...
Gift Luckson -
Business & Economy

Naira could strengthen...

Naira could strengthen to ₦1,100/$1 in 2026, says Aliko Dangote Story by Martha Gwary The President and Chairman of the Dangote Group, Aliko Dangote, has projected...
Abdullahi Mustapha Haruna -
Crime

EFCC arrests Kannywood...

EFCC arrests Kannywood actress Samha Inuwa over alleged Naira mutilation The Kano Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) has arrested popular...
Abdullahi Mustapha Haruna -
Judicial Reports

Court sentences Bureau...

Court sentences Bureau De Change operator in Kwara over refusal to accept Naira A Kwara State court has sentenced a Bureau De Change (BDC) operator...
Abdullahi Mustapha Haruna -
Opinion

Wike and the...

Wike and the price of power, by Engr. Bello Gwarzo Abdullahi, FNSE Citizen Bolaji O. Akinyemi’s insightful piece, “The Cost of Keeping Wike,” raises fundamental...
Maryam Umar -
Business & Economy

Fuel surcharge deferred...

Fuel surcharge deferred until naira strengthens, oil prices ease Story by Martha Gwary The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr...
Maryam Umar -
News

Naira trades steady...

Naira trades steady amid tight FX liquidity and persistent market divergence Story by Martha Gwary The Nigerian naira maintained a relatively stable trajectory across key market...
Maryam Umar -
Business & Economy

‎Naira strengthens further...

‎   Naira strengthens further as FX liquidity improves ‎ ‎Story from Martha Gwary ‎ ‎The Naira strengthened notably on Tuesday, October 7, 2025, with exchange rates in both the...
Maryam Umar -
News

Dangote Refinery suspends...

Dangote Refinery suspends petrol sales in Naira Story by Jessica Mbamah  The Dangote Petroleum Refinery has suspended the sale of petrol in naira, a move that...
Maryam Umar -
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