Nigeria

2024 - 3 - 22

Debt Surge and Land Borders: Nigeria's Recent Developments Unveiled

Moscow -- Russia African Games - DMO - Nigeria - Public Debt - Russian Federation - UK-Nigeria Dialogue - Moscow - Russia

Discover Nigeria's debt surge and border reopening with neighboring countries in this captivating article!

In recent news, the UK Home Office hosted a delegation from Nigeria to co-chair the annual Migration, Justice, and Home Affairs dialogue in London, strengthening ties between the two countries. Meanwhile, Nigeria's public debt has skyrocketed to N97.34 trillion due to new borrowing initiatives by the Federal Government. The Debt Management Office revealed that this debt surge reached $108 billion by the fourth quarter of 2023.

On another front, Niger Republic has opened its land border with Nigeria, creating opportunities for increased trade and connectivity between the two nations. This move follows the reopening of the Nigeria-Niger border by the Nigeria Customs Service, showcasing improved diplomatic relations and economic collaboration.

Furthermore, the Arewa Consultative Forum commended President Bola Tinubu for his efforts in reopening the Nigeria-Niger air and land borders, emphasizing the positive impact on regional trade and cooperation. The border reopening between Niger and Nigeria comes after seven months of closure following a military coup, symbolizing a significant step towards normalizing relations.

To conclude, the Nigerien junta recently reopened the country's border with Nigeria, marking a swift response to President Bola Tinubu's orders. These developments highlight the dynamic shifts in regional partnerships and the ongoing efforts to enhance cross-border interactions for mutual benefit.

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Image courtesy of "GOV.UK"

UK-Nigeria Migration, Justice, and Home Affairs dialogue 2024: joint ... (GOV.UK)

The UK Home Office welcomed a delegation from Nigeria to co-chair the annual Migration, Justice, and Home Affairs dialogue on 19 March 2024 in London.

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Image courtesy of "Nairametrics"

Nigeria's public debt rises by 10.7%, hits N97.34 trillion (Nairametrics)

This surge in debt levels was primarily attributed to new domestic borrowing initiatives undertaken by the Federal Government, aimed at partially financing the ...

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Image courtesy of "The Punch"

Nigeria's debt hit N97.34tn in Q4 2023 - DMO (The Punch)

The Debt Management Office of Nigeria has revealed that Nigeria's public debt surged to N97.34trn ($108bn) as of the fourth quarter of 2023.

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Image courtesy of "Guardian"

Nigeria public debt hits N97trn in December 2023 – DMO (Guardian)

Nigeria's public debt stock as at Dec. 31, 2023 was N97. 341 trillion (108.229 billion dollars), according to data released by the Debt Management Office ...

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Image courtesy of "Businessday.ng"

Nigeria's public debt hits N97.3trn in 2023- DMO (Businessday.ng)

The Debt Management Office (DMO) has announced a 10 percent increase in Nigeria's public debt to N97.3 trillion by the end of December...

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Image courtesy of "Premium Times"

Nigeria's public debt reached N97 trillion in December 2023 – DMO (Premium Times)

The DMO said that the country's external debt stock was skewed in favour of loans from multilateral and bilateral lenders.

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Image courtesy of "The Punch"

JUST IN: Niger Republic opens land border with Nigeria - Punch ... (The Punch)

One week after the authorities of Nigeria Customs Service opened the Illela land border between Nigeria and Niger Republic, the government of Niger Republic ...

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Image courtesy of "Daily Post Nigeria"

Niger Republic opens land border with Nigeria (Daily Post Nigeria)

Barely one week after the Nigeria Customs Service opened the Illela land border between Nigeria and Niger Republic, the government of the neighbouring.

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Image courtesy of "TheCable"

'A welcome development' — ACF commends Tinubu for reopening ... (TheCable)

The Arewa Consultative Forum (ACF) has commended President Bola Tinubu for reopening the Nigeria – Niger air and land borders.

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Image courtesy of "The Guardian Nigeria"

Niger reopens border with Nigeria (The Guardian Nigeria)

The border between Niger and Nigeria reopened to road traffic on Friday seven months after it was closed following a military coup.

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Image courtesy of "SaharaReporters.com"

Niger Junta Opens Border With Nigeria One Week After President ... (SaharaReporters.com)

The Nigerien junta at midnight on Friday reopened the country's border with Nigeria. This comes over one week after President Bola Tinubu ordered the ...

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Image courtesy of "Vanguard"

Nigeria's public debt rises 10% to N97.3trn in Q4'23 - DMO (Vanguard)

The Debt Management Office, today said the nation's public debt increased quarter-on-quarter (QoQ) by 10.7 percent to N97.34 trillion in the fourth quarter ...

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Image courtesy of "The Punch"

FG dollar rain for Team Nigeria athletes (The Punch)

The Ministry of Sports Development on Friday said it had begun payments of athletes and officials camp allowances and bonuses for winning medals at the 13th ...

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Image courtesy of "Leadership Newspaper"

Nigeria's Public Debt Rises By 118%, Hits N97.3trn In 2023 (Leadership Newspaper)

Consistent with the debt management strategy, Nigeria's external debt stock was skewed in favour of loans from multilateral (49.77 per cent) and bilateral.

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Image courtesy of "TheCable"

DMO: Nigeria's public debt now N97trn, rose by N9trn in Q4 2023 (TheCable)

The Debt Management Office (DMO) says Nigeria's total public debt rose to N97.34 trillion in the fourth quarter (Q4) of 2023.

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Image courtesy of "Daily Post Nigeria"

Nigeria's debt stock N97.3trn in 2023 – DMO (Daily Post Nigeria)

Nigeria's total public debt increased to N97.341 trillion in the fourth quarter of 2023. The Debt Management Office disclosed this in a statement released.

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Image courtesy of "CHANNELS TELEVISION"

New Domestic Borrowing Pushes Nigeria's Debt To ₦97.34tn In Q4 ... (CHANNELS TELEVISION)

The Debt Management Office (DMO) of Nigeria has disclosed that Nigeria's public debt rose to ₦97.34trn ($108bn) as of the fourth quarter of 2023. Advertisement.

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Image courtesy of "Vanguard"

UK, Nigeria dialogue on migration, justice, others (Vanguard)

Senior officials from the United Kingdom, UK, held a crucial meeting with a delegation from Nigeria to discuss migration, justice, home affairs, ...

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Image courtesy of "The Punch"

Nigeria mourns victims of Moscow attack (The Punch)

Nigeria, on Saturday, commiserated with the people and Government of the Russian Federation following Friday's terrorist attack in Moscow.

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Image courtesy of "Arise News"

Nigeria Commiserates with Russia After Attack on Moscow Leaves ... (Arise News)

The Nigerian Government has commiserated with the Russian Federation on the tragic attack in Moscow that led scores dead and over hundred others injured. In a ...

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Image courtesy of "Daily Trust"

Nigeria reacts as Russia concert death toll rises to 115 - Daily Trust (Daily Trust)

Nigeria has commiserated with the Russian Federation on the tragic attack in the Moscow concert hall claimed by the Islamic State.

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Image courtesy of "FIJ NG"

Each Nigerian Owes N446,000 as Nigeria's Public Debt Increases ... (FIJ NG)

This is about 45 percent of the projected revenue and 29 percent of the projected expenditure for the 2024 fiscal year.

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Image courtesy of "The Punch"

Insecurity can worsen Nigeria's water crisis -UNESCO (The Punch)

The United Nations Educational, Scientific, and Cultural Organisation on Friday called on the Federal Government to address.

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Image courtesy of "Premium Times"

Angry Oluwo blasts dollar hoarders, says they are killing Nigeria (Premium Times)

The Oluwo urges dollar hoarders to display patriotism by offloading foreign currencies in their possession.

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Image courtesy of "Leadership Newspaper"

World Water Day: Armed Conflicts Worsening Water Crisis In Nigeria ... (Leadership Newspaper)

Nnaji noted that he planned to create 50 million jobs through solar powered irrigation and increase access to potable water to all Nigerians.

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Image courtesy of "The Nation Newspaper"

Nigeria needs coordinated approach to meet 2030 target on water ... (The Nation Newspaper)

The Nation Newspaper Nigeria needs coordinated approach to meet 2030 target on water supply- WaterAid.

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Image courtesy of "Independent Newspaper Nigeria"

FG Constructs 6761 Water Schemes Across Nigeria – Minister ... (Independent Newspaper Nigeria)

ABUJA – The Federal Government through the Federal Ministry of Water Resources and Sanitation, said it has constructed 6,761 water schemes in the urban, ...

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Image courtesy of "The Punch"

Ghana 2023: Nigeria top athletics table (The Punch)

Team Nigeria capped off their dominance of the athletics event at the 2023 African Games in Ghana in style on Friday by winning two gold, two silver and two ...

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Image courtesy of "Leadership Newspaper"

13th African Games: Nigeria Secures Top Spot In Athletics (Leadership Newspaper)

Nigeria came top following the conclusion of the athletics event at the African Games 2023 on Friday. The West African giants won a total of 21 medals – 11 ...

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Image courtesy of "TheCable"

Nigeria finishes second with 120 medals at 13th African Games (TheCable)

The Nigerian contingent raked in 47 gold, 33 silver and 40 bronze medals across 25 sports at the competition. Weightlifting produced Nigeria's highest medal ...

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Image courtesy of "Guardian"

African Games 2023: Nigeria finishes top in final standing in athletics (Guardian)

At this year's competition, Nigeria got a total of 22 Medals which includes 11 gold, six silver and five bronze. Ethiopia finished second with seven gold ...

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