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The 10th Senate, under the leadership of Godswill Akpabio, on Thursday, advanced the ₦49.7 trillion 2025 Budget to its second reading. EKO HOT BLOG reports that...
In the first nine months of 2024, 29 Nigerian state governors collectively spent N1.994tn on recurrent expenditures, including refreshments, allowances, travel, and utilities, while facing significant...
President Bola Tinubu has submitted a request to the National Assembly for approval of a fresh external borrowing plan amounting to ₦1.767 trillion. The loan is...
Nigeria’s debt to the World Bank’s International Development Association (IDA) rose to $17.1 billion as of September 30, 2024. According to the World Bank’s financial statements...
DMO stated that President Muhammadu Buhari-led government serviced its debt with World Bank and Exim Bank of China with $1.79 billion. President Muhammadu Buhari paid no...
Former President Olusegun Obasanjo says rising debt makes him worried about the future generations who would have to pay such loans. Ekohotblog understands Olusegun Obasanjo stated...