Debt relief

President Muhammadu Buhari Tuesday in Paris, France, called on European countries and global financial institutions to consider reducing devastating effect of the Coronavirus pandemic on African economies by restructuring debt portfolios,…

Nigeria and Pakistan are among the countries to get debt relief from China and the G20. China and the G20 agreed to grant debt relief to the world's poorest countries classified under the International Development Association (IDA).…

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has addressed concerns that Nigeria did not benefit from the recent International Monetary Fund (IMF) debt relief to 25 countries. She disclosed that Nigeria was not…

Pope Francis has called on rich nations to reduce or cancel the debts of poor nations in the face of the global Coronavirus pandemic. According to the Pope, this would be a much better response to the pandemic as it will help poor…