Nigeria’s Public Debt Now N45.25tr, According to DMO by Yinka Okeowo September 12, 2022 0 Finance The debt stock, which stood at N32.92 trillion by December 2020, rose to N39.556 trillion by December 2021 and N41.6 ... Read more
N6.7tr Subsidy: CBN Governor, FIRS Boss to Appear Before Lawmakers by Yinka Okeowo August 12, 2022 0 Finance His justification was not well received by the committee, however, as Mark Gbilah (NNPP Benue) claimed that N6.7 trillion had ... Read more
Rising Debt: CBN says Borrowing is a Component of Fiscal Responsibility by Yinka Okeowo August 11, 2022 0 Finance "CBN is aware that the weight of debt will be felt when an economy is in trouble. To ensure price ... Read more
N41.6tr Debt: Nigeria Must Stop Borrowing for Consumption, says Peter Obi by Yinka Okeowo August 10, 2022 0 Finance “It’s ironic that states that received fiscal bailouts did not repay the loans and are still borrowing beyond their revenue ... Read more
Debt Crisis: What Exactly is the Nigerian Government Spending on? by Yinka Okeowo July 22, 2022 0 Finance Rita Joseph suggested that the government should slash the salaries of top public servants, saying that none of them should ... Read more
“Our Current Financial Sector Portfolio in Nigeria is $1.3b,” says AfDB by Yinka Okeowo July 19, 2022 0 Finance Bank is supporting Nigeria’s Infrastructure Debt Fund through a $10 million facility that provides long-term local currency debt financing. Read more
More Worries as FG Debt to Central Bank Hits N19tr by Yinka Okeowo June 13, 2022 0 Finance Federal Government’s borrowing from CBN through the Ways and Means Advances could have adverse effects on the bank’s monetary policy Read more
UAC Raises N18.7bn Through Commercial Paper by Justice Godfrey Okamgba June 3, 2022 0 Commerce The commercial paper issuance comprised two tenors – a 90-day Series 1 issuance which is priced at 8.00% yield, and ... Read more