Federal Government’s borrowing from CBN through the Ways and Means Advances could have adverse effects on the bank’s monetary policy
High-cost borrowing often forces people to take new loans to pay off existing debts, creating a vicious debt cycle, particularly ...
Nigeria, Africa's most populous nation and one of its largest economies faces mounting challenges related to its growing public debt. ...
Debt, declining development aid, and lack of domestic funding are holding back efforts to achieve access to quality primary education ...
On average, Nigerian adults carry over ₦217,136.00 in debt per individual – a figure that emphasizes the importance of addressing ...
The Central of Nigeria (CBN) has released a report that highlights Nigeria's significant debt servicing expenses in the first half ...
As Nigeria's public debt reaches alarming levels, analysts are increasingly emphasizing the urgent need for domestic resource mobilization. With the ...
Zambia's economy shrank by 3% in 2020 and only increased by a modest 1% in 2021. After the parameter shrank ...
The Debt Management Office (DMO) in Nigeria has expressed concerns over the country's excessive borrowing, projecting that the debt burden ...
President Bola Tinubu, in his inaugural speech after being sworn in as Nigeria's 16th President, expressed his immediate objective of ...
President Muhammadu Buhari has highlighted the significance of factoring in Nigeria's assets and investments while assessing the nation's debt profile, ...
Nigerian banks have been experiencing a surge in profits, with five of the country's largest banks ranking among the top ...
The playbook adopted by the Central Bank of Nigeria (CBN) to curb inflation seems ineffective amid persistent inflationary pressures. Inflation ...
The Central Bank of Nigeria is proposing to mop up funds in accounts that have been dormant for up to ...
In 2022, the Nigerian government spent N3.63 trillion servicing its external and domestic debts. This is based on information obtained ...
