The World Bank's latest report highlights Nigeria's debt challenge, urging export diversification and fiscal reforms to ...

A former President of the Nigerian Labour Congress and ex-General Secretary of the Organisation of African Trade Unions, Hassan Sunmonu, has criticised Nigeria’s growing dependence on loans from the ...

Developing countries, including Nigeria, are facing a historic debt squeeze, with total external liabilities reaching $8.9tn in 2024, according to the World Bank’s latest 2025 International Debt ...

The Radical Debt Transparency report—an update to 2021’s Debt Transparency in Developing Countries—shows that despite significant improvements in recent years, major debt transparency deficiencies ...

Cyclone Ditwah has imposed a severe humanitarian and economic shock on Sri Lanka. With World Bank estimates placing direct ...

WASHINGTON, December 3, 2025—Developing countries paid out $741 billion more in principal and interest on their external debt than they received in new financing between 2022 and 2024—the largest gap ...

Explore the definition of foreign debt, its rise, and economic impacts. Learn about challenges like debt crises and effects on growth and human rights.

BEIRUT (AP) — Saudi Arabia and Qatar said Sunday they will pay Syria’s outstanding debt to the World Bank, a move likely to make the international institution resume its support to the war-torn ...

The toppling of President Nicolas Maduro has thrust Venezuela's debt crisis - one of the world's largest unresolved sovereign ...