DAKAR (Reuters) -Senegal has raised its projections of debt service payments by about 3.2 trillion CFA francs ($5.8 billion) for the next three years in a revised budget document published last week.

Nigeria’s federal government, under the administration of Bola Tinubu, is on course to spend more than N91 trillion on debt ...

In his final days in office, President Joe Biden announced that his administration would forgive student debt for more than 150,000 borrowers. That relief includes nearly 85,000 people who attended ...

Service Properties Trust (SVC) faces declining revenues, rising interest expenses, and worsening cash flow, raising concerns about its long-term viability. SVC's heavy debt load, with over $5.5 ...

Nigeria expended a total of $5.47bn on external debt servicing between January 2024 and February 2025, data from the Central Bank of Nigeria have shown. The figures, published on the apex bank’s ...

DAKAR, Oct 21 (Reuters) - Senegal has raised its projections of debt service payments by about 3.2 trillion CFA francs ($5.8 billion) for the next three years in a revised budget document published ...

Kenya’s debt servicing costs jumped 44.1 percent in the first half of the current financial year, increasing pressure on public finances as repayments consumed more than 80 percent of all taxes ...

The Federal Government secured a total of $1.08bn in foreign loans in 2024, largely from multilateral, bilateral, and commercial sources, as it sought to finance budget deficits and priority ...

Chicago’s financial problems have recently received a great deal of attention, and some observers believe that the city is now financially insolvent. However, this is a cursory and simplistic analysis ...

Household wealth — the difference between what people own and what they owe — declined by $1.6 trillion in the first three months of the year, according to the Federal Reserve’s June release of its ...

Total household debt in the U.S. increased by $185 billion in the past three months, reaching a total of $18.39 trillion at the end of June, according to the latest data from the Federal Reserve Bank ...

Hotel REITs were the biggest losers of REIT earnings season for Q1, according to Hoya Capital. Of the 15 U.S. hotel REITs, 7 (almost half) lowered FFO guidance. Forward bookings have softened as a ...