Tag: Borrowing
Soludo denies plan to take N120bn loan
The governor was reacting following the recent publication that Anambra State government will borrow N120 billion from financial institutions to ...
Nigerian govt to end borrowing – Finance Minister
FG said the benefit of the subsidy removal would be ploughed back into various sectors aimed at boosting government revenue ...
FG borrowed 25trn in Q1 2023 from CBN – Report
CBN released quarterly statistical bulletin Nigeria’s total debt stock rose to N49.85 trillion The Federal Government borrowed N1.83tn from the ...
UK govt borrowing surges to £25.6bn deficit for April
Government borrowing swelled to 25.6 billion pounds (31.8 billion dollars) in Britain last month amid the cost of energy support ...
Delta govt didn’t borrow N850b – Okowa
Against speculation in some quarters that his administration has borrowed N850 billion Governor Ifeanyi Okowa, Wednesday said the State government ...
FG borrowed N2.13trn in two months to pay debts — DMO
The Debt Management Office, DMO, has explained why the Federal Government borrowed N2.13 trillion in the first two months of ...
N720b loan plan: FG insensitive, borrowing to finance selfish agenda – Expert
The Federal Government of Nigeria (FGN) Bonds Issuance Calendar for the fourth quarter of 2022, which contains a N720 billion ...
Why Nigeria’s debt profile will continue to rise – DMO
The Director General of the Debt Management Office (DMO), Patience Oniha, has explained why Nigeria’s debt profile will continue to ...
Despite economic woes, APC chair, Adamu says FG can keep borrowing for as long as it wants
Abdullahi Adamu, national chairman of the All Progressives Congress (APC), has justified the perennial borrowings of the federal government despite ...
Why Nigeria can’t stop borrowing– CBN
The Central Bank of Nigeria (CBN) has stated that Nigeria cannot stop borrowing, especially when it is necessary as part ...
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