CBN’s N23.7trn ways and means

The Debt Management Office (DMO) has said that the alarm created around the country’s projected public debt was unnecessary. The Director-General of the DMO, Patience Oniha, made this known in a statement on Thursday while reacting to…

The World Bank has projected that interest payments on the Federal Government’s borrowing from the Central Bank of Nigeria will take up about 62 per cent of its revenue by 2027 despite the restructuring plan. The Washington-based bank…

President Muhammadu Buhari has written to the Senate, requesting the approval of restructuring of N23.7trillion Ways and Means advances given to the Federal Government by the Central Bank of Nigeria (CBN) The President, in a letter read…