The Lagos Chamber of Commerce and Industry (LCCI) has expressed concerns over the Federal Government’s plan to borrow $2.2 billion, warning of potential debt sustainability issues...
The Federal Executive Council (FEC) has approved $2.2 billion financing programme for external borrowing, including a potential Eurobond and Sukuk bond offer. Mr Wale Edun, the...
The Executive Board of the International Monetary Fund (IMF) has approved to lower the IMF’s borrowing costs for members by 36 per cent, or about 1.2...
The Senate has approved President Bola Tinubu’s request on the 2022-2024 external borrowing rolling plan of 7.4 billion dollars and 100 million euros. This followed the...
By Eze Okechukwu, Abuja The Senate has passed for second reading, the N27.5trillion 2024 Appropriation Bill presented by President Bola Ahmed Tinubu on Nov 29, for...
President Bola Tinubu has sought the approval of Senate for the 2022-2024 external borrowing plan of 7.8 billion dollars and 100 million euros. Tinubu’s request was...
By Tony Obiechina, Abuja As Nigeria government prepares budget 2022, business leaders and economists have cautioned the Federal Government on the need for productive disbursement of...
From Joy Ekeke, Lagos The Borrowing Programme of the African Development Bank has been approved by the Board of Directors for up to $10.4 billion to be...
By Mathew Dadiya, Abuja The International Monetary Fund (IMF) has urged Nigeria and other governments globally to be cautious as they borrow more money to support...
By Mathew Dadiya, Abuja President Muhammadu Buhari Thursday met with members of the new Economic Advisory Council (EAC), who expressed serious concern that the rate of...