Tag: Borrowings
World Bank: Nigeria’s infrastructure quality low
The World Bank has portrayed the level and quality of infrastructure in Nigeria as low despite the Federal Government's claim ...
NIPC: We’re intensifying efforts to channel more FDI into Nigeria
The Nigeria Investment Promotion Commission (NIPC) has stated that it will encourage investment in various economic sectors to lessen dependency ...
Unbalanced budget, borrowings bane of Nigeria’s economy — Obi
Peter Obi, a presidential candidate for the Labour Party, has said that Nigeria's economic crisis is due to an unbalanced ...
Nigerians complaining of country’s rising debt should stop using Benz, Lexus – Tinubu
In another fit of incoherence and public gaffe, Bola Tinubu, the presidential candidate of the All Progressives Congress for the ...
Buhari backs FG’s borrowing, says debt for infrastructure
President Muhammadu Buhari has defended his government’s borrowing, describing it as a necessary step to provide infrastructure that would expand ...
Why Buhari govt borrowings are justifiable – Fashola
Despite the country's ballooning foreign debts, the Minister of Works and Housing, Babatunde Fashola, said the president Muhammadu Buhari-led administration ...
DMO: Government borrowing got Nigeria out of two recessions
The Debt Management Office (DMO) has stated that federal government used loans to bring the economy out of the 2017 ...
IMF to Nigeria, others: Prepare for unstable loan markets
The International Monetary Fund has admonished Nigeria and other developing economies with large foreign currency borrowings and external financing need ...
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