Debt
4 LAS News stories tagged “Debt”, newest first. Every story links its sources.
Nigeria disputes World Bank's half‑year debt‑service ratio, cites data gaps
Nigeria's finance ministry rejected the World Bank's claim that interest payments in the first half of 2026 equaled 124% of federal revenue, arguing the calculation mixes federal and state obligations and omits pending receipts, while noting faster revenue growth than debt costs.
LAS News Desk · 19 Oct 2026, 08:45 WAT · 2 sources
Federal High Court upholds UBA's receiver appointment in N156bn Stallion Group debt case
The Lagos Federal High Court confirmed United Bank for Africa's right to enforce mortgage securities and appointed a receiver to recover an alleged N156.03 billion owed by the Stallion Group, also restricting the conglomerate from diverting government payments.
LAS News Desk · 17 Oct 2026, 04:15 WAT · 2 sources
IMF and UK officials warn of rising debt costs and cyber‑fraud risks as developing nations face financing squeeze
The International Monetary Fund and senior UK officials highlighted growing pressures from higher government borrowing costs and cyber‑attack threats, while Foreign Secretary Ed Miliband called for a new global deal to ease debt burdens on developing countries.
LAS News Desk · 14 Oct 2026, 07:46 WAT · 2 sources
Independent Football Regulator warns English clubs face mounting financial risk
The IFR’s draft ‘State of the Game’ report finds that most clubs in England’s top five divisions are loss‑making, with debt set to exceed £5bn, prompting calls for urgent action before broadcast revenues fall.
LAS News Desk · 14 Oct 2026, 04:12 WAT · 2 sources