Tag: Borrowing
CIBN to Nigerians: Embrace import substitution to promote domestic industry
The Chartered Institute of Bankers of Nigeria (CIBN) has called Nigerians to embrace import substitution to increase local production of ...
Bayelsa to borrow N43.57bn to augment 2022 budget as current debt hits N169bn
The Bayelsa government plans to borrow N43.57 billion to augment the N310.7 billion proposed for the 2022 fiscal year as ...
Reduce borrowing and explore other ways of financing projects, Lawan tells FG
President of Senate, Ahmad Lawan has stated that the federal government should explore other ways of financing its projects in ...
Real reason Buhari govt is borrowing – Lai Mohammed
Lai Mohammed, the Minister of Information and Culture, has insisted that the present administration under President Muhammadu Buhari is borrowing ...
Buhari borrows for development, not to pocket — Adesina
Special Adviser to President Muhammadu Buhari on Media and Publicity, Femi Adesina, has said that the administration does not borrow ...
Borrowing to accumulate debt for next generations is criminal – Obasanjo tells Buhari govt
Former Nigerian President, Olusegun Obasanjo has reacted to the move by the Federal Government to take fresh loans amid outcries ...
We will keep borrowing – APC tells PDP
The ruling All Progressives Congress (APC) has defended the borrowing of President Buhari, saying taking the foreign facility “is for ...
Buhari govt to borrow $3bn via Eurobonds in October
The Federal Government has disclosed plans to raise $3bn from Eurobond sales in the second week of October. The Minister ...
Nigeria will experience economic progress by end of 2021, says Gowon
Former military head of state, Yakubu Gowon has stated that Nigeria will experience an economic turnaround that will bring an ...
Court restrains FG from borrowing unclaimed dividends
An interim order restraining the federal government from borrowing unclaimed dividends of shareholders in the Nigerian capital market has been ...
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