Tag: External borrowing
Delta Governor Okowa says N150 billion bridging finance facility not loan...
FRI, 06 MAY, 2022-theGBJournal | He said that the N150 billion had been tied to projects embarked upon by his administration and his predecessor,...
Quick Take| Nigeria’s debt profile, when it becomes problem
WED 06 APRIL, 2022-theGBJournal| The rising debt profile of government raises serious sustainability concerns. The Debt Management Office had reported that total public debt...
We are borrowing to build world class infrastructure – Minister
FRI 24 SEPT, 2021-theGBJournal- The Minister of Information and Culture, Alhaji Lai Mohammed, has said the President Muhammadu Buhari Administration is taking loans in...
President Buhari seeks fresh approval to borrow $4,054,476,863 and €710 million
TUE 14 SEPT, 2021-theGBJournal- President Muhammadu Buhari has written the National Assembly, seeking fresh approval to borrow $4,054,476,863 and €710 million as part of...
FX Watch: Foreign reserves at US$33.10 billion after a slight drop,...
SAT 17 JULY, 2021-theGBJournal- Nigeria’s FX reserves declined marginally by USD17.05 million w/w to USD33.10 billion (as of 14th July 2021).
Meanwhile, the naira...
Analysis: Nigeria’s total fiscal deficit at N3.01 trillion, 29.1% above the...
SAT 10 JULY, 2021-theGBJournal- During the public consultation of the draft 2022-2024 Medium-Term Expenditure Framework (MTEF), the Minister of Finance Budget and National Planning...
Nigerian Senate approves fresh $1.5 billion and €955 million external borrowing...
WED 21 APRIL, 2021-theGBJournal- The Nigerian Senate today at their Plenary approved fresh external borrowing for the Federal Government.
The approved sum is $1.5 billion...
