By Gideon Maxwell January 15, 2025 Former Nigeria’s Vice President, Prof. Yemi Osinbajo, has called for greater debt forgiveness for African countries to enable them to invest in climate-friendly initiatives and foster sustainable development. Speaking […]
Ghana has taken a significant step towards restructuring its massive external debt by entering into non-disclosure agreements (NDAs) with major international bondholders. This move marks the official beginning of negotiations to rework over $13 billion […]
The IMF hopes that Ghana will reach a debt restructuring agreement with bilateral creditors within six to eight weeks, an official at the Fund said, as the West African country battles to emerge from an […]
Nigeria’s debt trajectory is sustainable the country’s finance minister said on Wednesday, adding that it planned to bring its key debt service-to-revenue ratio down sharply this year and would not borrow on the international capital […]
• Urges strict compliance with due process for debtors seeking new contracts with govt agencies An inter-agency committee set up on the recovery of debts owed to the Asset Management Corporation of Nigeria (AMCON) has […]
The U.S. national debt is rising at a pace never seen in the history of America. With a current debt exceeding $28 trillion – an increase of nearly $5 trillion in 14 short months, Washington […]
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