The World Bank has said the Central Bank of Nigeria’s large and growing financing has made Nigeria’s rising debt costly and vulnerable. The Washington-based global financial...
Nigeria’s rising debt profile has continued to gulp more revenue despite efforts to rein in leakages and up revenue generation. In the first half of 2021,...
Nigeria spent N445.4bn on debt servicing payments in the second quarter of this year, the latest data obtained from the Debt Management Office have shown. From...
The Federal government of Nigeria may increase tax rates in 2022 and slash borrowing as the West African country move to shore up its revenue profile...
Nigeria has released up to 63.5 percent of the capital vote for this year as of August, according to the Director-General of the Budget Office, Ben...
The World Bank has stated that Nigeria is among a list of top 10 countries with high debt risk exposure. It stated this in the financial...
On Wednesday, the Minister of Finance, Budget and National Planning, Zainab Ahmed, and the Director General of the World Trade Organisation, Dr Ngozi Okonjo-Iweala, differs on...
President Muhammadu Buhari, on Tuesday, urged the Senate to approve a new external loan of N2,343,387,942,848.00, about $6.183billion, for the Federal Government to finance the 2021...