UK 30‑yr bond yield hits 5.77%, highest since 1998, amid Middle East war energy shock
The yield on 30‑year UK government bonds rose to its highest level since 1998, surpassing 5.77 % on Tuesday. The increase […]
Debt
Global News
Victor Osimhen Faces €90k Mercedes-Benz Debt Claim in Italy
Mercedes‑Benz has lodged a complaint with Italy’s Carabinieri, alleging that Super Eagles striker Victor Osimhen has failed to settle payments
Global News
IMF Urges Kenya to Include Pending Bills in Public Debt Data
Nairobi — The International Monetary Fund (IMF) has called on Kenya to broaden its official debt statistics to include unpaid
Global News
IMF Rejects Chapo’s Mozambique Programme Over Devaluation
The International Monetary Fund (IMF) Executive Board has concluded its 2025 Article IV consultation with Mozambique without endorsing a new
Global News
Nigeria Debt Repayment May Crowd Out Socioeconomic Priorities
Nigeria’s debt burden is expected to worsen in the coming year, with debt service estimated to consume 46% of revenue,
Senate appeals to contractors over unpaid debts amid protest
The Nigerian Senate has urged protesting government contractors to remain calm, assuring them that their outstanding debts will be settled
Global News
Ghana Has Sufficient Buffers to Meet Debt Obligations Says Central Bank Governor
Ghana’s Financial Future Looks Bright as Central Bank Builds Strong Buffers In a move to alleviate concerns over Ghana’s debt
Int’l Firms Owe Nigeria $5.79m for Q2 Energy Consumption
Nigerian Electricity Customers Owe Firms in Benin Republic and Togo $5.79m for Second Quarter Energy Consumption The Nigerian Electricity Regulatory
Oil Firms Owe Nigeria $6.175bn in Royalties and Taxes
Oil Companies’ Debt to Nigerian Government Soars to $6.175 Billion A recent audit by the Nigeria Extractive Industries Transparency Initiative
Global News
Uganda’s Debt Soars to Shs 92 Trillion: Value for Money Concerns
Uganda’s Public Debt Soars to Alarming Levels, Raising Concerns Over Fiscal Management Uganda’s public debt has reached an alarming Shs
NAFDAC Director Inherited ₦3.2bn Debt, ₦500m Unaccounted for Upon Resumption
Nigerian Agency Director Exposes Widespread Debt and Corruption In a shocking revelation, Professor Mojisola Adeyeye, the Director General of the
Nigerian Aviation Authorities Ground Arik Airplanes Over $2.5M Debt
Nigerian Aviation Authorities Ground Arik Air Aircraft Over $2.5 Million Debt In a move to enforce a court order, the