Presidential candidate of the Labour Party (LP) in the 2023 election, Peter Obi, has cautioned President Bola Tinubu against taking more foreign loans without first accounting...
The Nigerian government has announced the schedule for its domestic borrowing plans for the first three months of 2022 from citizens. The Debt Management Office (DMO)...
The President of the Senate, Ahmad Lawan, says Nigeria will keep borrowing to fund critical infrastructures because the country is broke. Lawan who made this known...
Nigeria’s monumental debt burden hardly seems to ease, not only because the nation’s inclination to borrow for virtually every reason has risen with the passage of...
There is renewed concern about the sustainability of rising debt levels in many African countries. Much of this debt is being incurred through foreign currency denominated...
No fewer than twenty states in the country would not be able to cover all recurrent expenditure without resorting to borrowing. This was contained in the...
Nigeria Minister of Finance, Kemi Adeosun, has stated that the economic crisis in the country has got to a point she has no option but must...
The Federal Government, Wednesday, said it has resolved to adopt more of external borrowing so as to achieve its aim of stimulating the economy and providing...