Tag: Debt
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As PMB Calls For Debt Cancellation For Africa, Nigeria’s Debt Portifolio Is Within Limit
For the developed and developing nations, debt borrowing in the world is not just a pastime but a necessary evil that is taken to...
Many African Countries Experiencing Debt Distress – Buhari Cries Out, Seeks Relief
President Muhammadu Buhari Tuesday in Paris, France, called on European countries and global financial institutions to consider reducing devastating effect of the Coronavirus pandemic...
Nigeria: Man Kills Brother because of N150 ‘Debt’
The biting economic situation in Nigeria has pushed a 38-year-old Kelfari Jediel, to allegedly stab his uncle's son, Parambiu Alexander, 20, to death while fighting...
Countries Spending More on Debt than Social Services, UNICEF Says
One in eight countries are currently spending more on debt than on social services, according to a new report from the UN Children’s Fund (UNICEF). The Fund is accordingly calling for...
UN Chief Pushes for Decisive Action to Stave Off Debt Crisis in Developing Countries
Steps taken to prevent debt crises across the world sparked by the COVID-19 crisis do not appear to be sufficient to restore economic stability in many developing countries.
UN Secretary-General,...
