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Tag "debt"

IMF to central banks: Stop financing excessive government debt

    IMF to central banks: Stop financing excessive government debt

The International Monetary Fund (IMF) has urged central banks to refrain from monetising excessive government debt. Debt monetisation is when a government borrows money from the central bank to finance

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Debt will only hit N77trn if N22.7trn ways and means is included, says DMO

    Debt will only hit N77trn if N22.7trn ways and means is included, says DMO

The Debt Management Office (DMO) has explained that public debt would only hit the projected N77 trillion if the ways and means advances from the Central Bank of Nigeria (CBN)

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Nigeria must ensure borrowing is for investment, says Obi

    Nigeria must ensure borrowing is for investment, says Obi

Peter Obi, the presidential candidate of the Labour Party (LP), says loans taken by Nigeria should be for the purpose of investment. Speaking on Friday in an interview with NigeriaInfo

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Osun debt: Adeleke has not spent a dime from state purse, says ex-commissioner

    Osun debt: Adeleke has not spent a dime from state purse, says ex-commissioner

Kolapo Alimi, a former Osun commissioner, says Ademola Adeleke, the state governor, has not “spent a dime” from the state’s purse. While speaking virtually on an Arise TV programme on

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Debt: Osun assembly directs MDAs to present financial profile, says no cause for alarm

  Debt: Osun assembly directs MDAs to present financial profile, says no cause for alarm

The Osun state house of assembly says there is no cause for alarm over the recent reports on the state’s

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Osun government: Oyetola left N75bn debt in salaries, pensions

  Osun government: Oyetola left N75bn debt in salaries, pensions

The Osun government says the immediate past administration of Gboyega Oyetola left a debt of N75.25 billion in salaries and

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I won’t leave debt for my successor, says Wike

  I won’t leave debt for my successor, says Wike

Nyesom Wike, governor of Rivers, says the state won’t owe any debt when he’s handing over to his successor. Wike

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‘Eliminate multiple FX regime, phase out fuel subsidy’ — inside Tinubu’s economic plan

  ‘Eliminate multiple FX regime, phase out fuel subsidy’ — inside Tinubu’s economic plan

Bola Ahmed Tinubu, presidential candidate of All Progressives Congress (APC), says his administration will optimise foreign exchange (FX) to strengthen

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Zainab Ahmed disagrees with Akin Adesina, says Nigeria has a revenue NOT debt problem

  Zainab Ahmed disagrees with Akin Adesina, says Nigeria has a revenue NOT debt problem

Zainab Ahmed, minister of finance, says she does not agree with those who say Nigeria has a debt problem, stating

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DMO: Nigeria’s debt profile prone to oil price volatility, FX risks

  DMO: Nigeria’s debt profile prone to oil price volatility, FX risks

The Debt Management Office (DMO) says Nigeria’s debt profile is prone to the volatility of oil prices and forex exchange

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