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The race to secure a spot at the 2026 FIFA World Cup, to be hosted by the USA, Canada, and Mexico, enters a decisive phase as African teams gear up for Matchday 6 of the qualifiers. With the stakes higher than ever, group leaders will aim to consolidate their positions, while teams in pursuit of
Hot SourceDMO: Nigeria’s Public Debt Grew 49% to N144.67tn December 2024
Ndubuisi Francis in Abuja
Nigeria’s total public debt, comprising debts owed by the Federal and state governments, as well as the Federal Capital Territory (FCT) increased to N144.67 trillion ($94.23 billion) by December 31, 2024, up from N97.34 trillion ($108.23 billion) posted at the end of December 2023, the Debt Management Office (DMO) has revealed.
In its latest debt statistics, the figure represented a 48.58 per cent year-on-year increase.
The steep increase was traced to new external borrowings and the impact of naira depreciation, which raised the naira equivalent of dollar-denominated debt.
According to the debt management agency, the statistics equally revealed a quarter-on-quarter rise of 1.65 per cent from the N142.32 trillion ($88.89 billion) recorded at the end of September 2024.
The development underscored the unabating rise in the nation’s public debt profile.
Details later…
Hot SourceTwo Chinese expatriates and a policeman have been killed in an ambush by armed men in Abia State. Four other Chinese expatriates and two police officers were, however, rescued by security operatives. The attack occurred on April 4, 2025, while the group was en route to a company site in Agukwu-Amaya, Ndundu Community, Uturu, Isuikwuato
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Two Chinese expatriates and a policeman have been killed in an ambush by armed men in Abia State. Four other Chinese expatriates and two police officers were, however, rescued by security operatives. The attack occurred on April 4, 2025, while the group was en route to a company site in Agukwu-Amaya, Ndundu Community, Uturu, Isuikwuato
