FG pays N4.12tn interest on CBN loan
The Federal Government paid interests of N4.12tn between 2019 and 2022 on the loans it got from the Central Bank of Nigeria through Ways and
Category : Finance
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2023 budget of transition and N77 trn debt burden
In the past few days the media has been awash with news about the huge debt burden that the incoming government in May 29, would
N77tn debt not manageable, says OPS
The Lagos Chamber of Industry as well as the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture have expressed dismay at the recent
Why ASUU audit report was rejected – FG
The Federal Ministry of Labour has reacted to allegations that it rejected the four-year audit report of the Academic Staff Union of Universities. The spokesperson
Production of new naira notes followed best practices — Mint
The Nigerian Security Printing and Minting (NSPM) Plc- The Nigerian MINT- on Friday defended the quality of new naira banknotes in circulation, saying they were
CBN bans over-the-counter withdrawal of new notes
The Central Bank of Nigeria has ordered Deposit Money Banks not to pay customers making over-the-counter withdrawals of new naira notes again. Instead, the apex
New notes stain white surfaces, says NSPM
The Nigerian Security Printing and Minting Plc has highlighted some features of the new naira notes in order to sensitise Nigerians who have expressed concern
Tracking the pains, gains of Nigeria’s cashless policy
The introduction of cashless policy by the Central Bank of Nigeria (CBN) has brought about a revolution in terms of financial inclusion and ease of
28 govs pile up N5.8tn debts for incoming govts
The governors of 28 states who are leaving office on May 29 or running for re-election and the Minister of the Federal Capital Territory have
Alarm over national debt unnecessary – DMO
The Debt Management Office (DMO) says the alarm created around the country’s projected public debt by a segment of the media was unnecessary. The Director-General,
