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Debt
63 posts
NDCC has over N1trn debt profile; IOCs, FG refusing to remit funds: Senate
The Senate Committee on Niger Delta Development Commission on Thursday in Abuja frowned at the non-remittance of funds…
Nigeria can’t rely on borrowing for 2024 budget — Minister
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says Nigeria cannot rely on borrowing…
Tinubu seeks Senate approval for $7.8bn, €100m loans
President Bola Tinubu has sought the approval of the Senate for the 2022–2024 external borrowing plan of $7.8…
NGO tasks Nigeria on review of borrowing policy
The Grassroots Entrepreneurship Skills Acquisition (GESA) Initiative, an NGO, has called on the Nigerian government to look inwards…
FG seeks additional $1.5bn World Bank loan
. Insists Nigeria’s debt is sustainable The Federal Government said it has approached the World Bank to secure…
IMF to mediate between debtor countries and creditors
The International Monetary Fund (IMF) says it is playing an active role in mediating on the debt debacle…
Nigeria can’t survive on debt after 63 years of independence – Deputy Speaker
The Deputy Speaker of the House of Representatives, Benjamin Kalu, has expressed concern about Nigeria’s reliance on debt…
Arik Airline will return to the owner if reasonable debt is paid -AMCON
The Assets Management Corporation of Nigeria (AMCON) has advised the Chairman of Arik Air, Johnson Arumemi-Ikide, to present…
Stakeholders express concern over poor loan recovery in CBN’s Anchor Borrowers Programme
Some stakeholders have decried the low recovery of loans granted to some farmers under the Anchor Borrowers Programme…
Institute pledges support for FG’s loan recovery from farmers
The Institute for Agricultural Research (IAR), Ahmadu Bello University (ABU), Zaria, on Wednesday pledged to support the Federal…