Nigeria raised $2.2 billion with its first eurobond sale since February 2022, attracting demand for more than four times the amount on offer.
Somalia has taken a significant step towards economic recovery by finalizing a debt relief agreement with France, valued at $145.6 million.
Nigeria's foreign debt service reached $3.5 billion in 2023, ranking as the third-largest debtor to the World Bank's IDA.
More than 200 Filipinos mobilized in front of Pasay's PICC as the first meeting of the Board of the Fund for Responding to ...
LONDON - The world is losing a winnable battle. UN Secretary-General António Guterreswarns that the 2030 Sustainable Development Goals (SDGs) are ...
Developing countries spent a record $1.4 trillion to service their foreign debts, as their interest climbed to a 20-year high in 2023, the World Bank’s latest International Debt report has shown.
Nigeria’s fiscal planning remains a paradox of ambition and inertia. The Federal Government’s proposed ₦47.5 trillion budget ...
Under a swap, a country buys back more expensive debt and replaces it with cheaper debt, usually with the help of a ...
Nigeria is returning to the international capital markets for the first time in over two years, issuing Eurobonds to bridge ...