President Bola Tinubu’s Policy Advisory Council has proposed the sale of Nigeria’s assets to settle existing federal government debt obligations. The advisory council, put together by...
From David Torough (Makurdi), Jude Dangwam (Jos), Dan Amasingha (Minna), Longtong Yakubu (Kano), Christiana Babayo (Jalingo) No fewer than 10 of the 28 governors, who recently...
The International Monetary Fund (IMF) has urged central banks to refrain from monetising excessive government debt. Debt monetisation is when a government borrows money from the...
By Eze Okechukwu, Abuja President Muhammadu Buhari has requested the Senate to approve the restructuring of N23.7trillion Ways and Means advances given the federal government by...
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said most of the roads constructed in the country will be tolled to repay the...
By Tony Obiechina, Abuja Minister for State Budget and National Planning, Prince Clem Agba said on Thursday that Nigeria’s rising debt was as a result of...
A Federal High Court, Abuja, on Monday, fixed Dec 21 to hear all pending applications in a suit filed by the 36 state governors over plan to...
By Tony Obiechina, Abuja Latest World Bank report released yesterday indicates that governments around the world responded to the COVID-19 pandemic with massive fiscal, monetary, and...
Minister of Finance and National Planning, Mrs. Zainab Ahmed, has revealed the federal government borrowed $5.9 billion in 2020 to tackle the COVID-19 pandemic. A statement...
Stakeholders of Nigeria’s economy are expressing concern over the nation’s spiraling debt profile. They are worried that the nation’s ’s debt stock has risen by over...
