By Sulaimon Olanrewaju Mr Phil Aragbada is a former newspaper editor and a retired bank executive. In this interview with Sulaimon Olanrewaju, he expresses concern about the management of the economy and proffers way out…
By Sami Tunji The Nigeria’s total debt stock rose from N32.9tn as of December 2020 to N39.6tn in November 2021. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, in her presentation of…
By NAN Governor of Bauchi State, Bala Mohammed, says the state government has repaid N30 billion out of the total debt incurred by past administrations. Although Mr Mohammed did not give details on the debt…
By Sami Tunji The African Development Bank has stated that the risk of debt defaults is increasing among African countries. This statement was contained in the Strategy for Economic Governance in Africa, which was launched…
By ’Femi Asu Nigeria spent almost N2tn on debt servicing payments from January to September 2020, the latest data obtained from the Debt Management Office have shown. The DMO had on Thursday disclosed that the…
By Editorial Board Guardian Nigeria The statistics tell it all. The government is in dire financial straits. This year’s budget deficit is put at $6.03 billion and will be financed by both domestic and external…
