Nigeria’s total public debt rose to N142.3 trillion as of September 30, 2024, representing an increase of 5.97 per cent (N8.02tn)…
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Nigeria’s federal government through the Debt Management Office (DMO) raised the highest amount of debt through the FGN Savings Bond, soaring by over 150 per cent to N42.122…
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President Bola Tinubu has defended borrowing as a strategic necessity for economic growth and national development, saying that it is not a criminal act but a vital tool for…
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The 2023 Presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has criticised the 2025 budget proposal, accusing…
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Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has disclosed that the N13 trillion deficit in the proposed N48 trillion 2025 budget will be financed…
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The Federal Government plans to allocate a significant portion of its budget to debt servicing over the next three years, surpassing…
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The Zamfara State Government has refuted a report by the Debt Management Office that it borrowed N14.26 billion.
In the latest sub-national debt – domestic and…
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THE Budget Office of the Federation says Nigeria must borrow to exit recession, noting that the country is poor.
Director General, Ben Akabueze, made this known in reaction to…
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MINISTER of Works and Housing, Babatunde Fashola, has defended the Federal Government’s resort to loans to expand infrastructure in the country.
Fashola, who spoke in Abuja at NAN…
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