BY AYOMIDE LADIPO Inheriting a deadweight job is a horrible place to be, but when one is not oblivious to such reality and still goes ahead to fight tooth and
Tag "debt servicing"
Ajay Banga, World Bank president, says debt servicing is consuming 7.6 percent of Africa’s gross domestic product (GDP). Banga, on Thursday, at a joint IMF – World Bank seminar, said
The Debt Management Office (DMO) says Nigeria’s debt service-to-revenue ratio in 2023 stands at 73.5 percent, describing the figure as unsustainable and a threat. This is contained in DMO’s recent
Zainab Ahmed, minister of finance, budget and national planning, says Nigeria plans to bring down its debt service-to-revenue ratio to 60 percent this year. Ahmed spoke on Wednesday during an
Patience Oniha, director general, Debt Management Office (DMO), says the incoming administration would inherit about N77 trillion as debt by
Zainab Ahmed, minister of finance, budget and national planning, says the federal government spent a total of N5.24 trillion on
The federal government has proposed to borrow over N11 trillion to finance the proposed 2023 budget deficit, a development far
The Debt Management Office (DMO) has urged the federal government to take steps to address issues around petroleum subsidy payment
The Nigerian Economic Summit Group (NESG) has asked the federal government to create effective tax systems and harmonise forex rates
The federal government says it spent N2.02 trillion on debt servicing within the first six months of 2021 (January-June). The
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