Nigeria’s rising debt profile became a source of worry for Senators on Wednesday as the lawmakers started the debate on general principles of the N8. 83 trillion 2019 budget. The lawmakers had to caution the executive so as not to return the country back to debtor status. The Deputy Senate President , Ike Ekweremadu ( […]
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THE Nigerian Civil Aviation Authority, NCAA, yesterday, threatened to sanction telecom operators over N1 billion naira debt owed the agency over the years.
Continue reading NCAA threatens to sanction debtor telecom operators at Vanguard News Nigeria. …
Professor Akpan Ekpo, an economist and former director general of the West African Institute for Financial and Economic Management (WAIFEM), believes that the Federal Government does not need any tutorials from the World Bank or International monetary Fund (IMF) on how to handle the external reserves. Nigeria to grow by 1.9% due to fewer disruptions […]
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The house of representatives has resolved to probe Nigeria’s debt profile which lawmakers say is at an “alarmingly high” rate. The lawmakers made the resolution while adopting a motion introduced by
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The International Monetary Fund (IMF) says the world’s debt has hit an all-time record of $184 trillion, an upward swing from the $182 trillion reported last week. The figure represents
The post Global debt at all-time high of $184trn, says IMF appeared first on TheCable.
Patience Oniha, director-general, Debt Management Office (DMO), says volatility in the international market affected Nigeria’s debt profile. Oniha made the remark during a presentation by the International Monetary Fund (IMF)
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A consolidation loan simply means taking out a loan and using it to pay off all your existing loans. The consolidating loan has a low-interest rate and one monthly payment which ranges between 12-24 months.
Continue reading Why should you consolidate debt? at Vanguard News Nigeria. …
BudgIT, a civic organisation, says Vice President Yemi Osinbajo’s comments on Nigeria’s public debt stock does not tell the full story. In a statement released on Tuesday, the organisation said the
The post BudgIT: $10bn rise in public debt stock is not a full story appeared first on TheCable.
We all deal with different kinds of financial issues in various seasons of our lives. Many times, we start borrowing that we might meet our day-to-day expenses, business requirements, or financial deficiencies
Continue reading When you realize you are struggling with debt at Vanguard News. …
Vice President Yemi Osinbajo at the weekend absolved the Muhammadu Buhari administration of responsibility in making Nigeria one of the most indebted nations in the world with its $73billion debt stock. Osinbajo who spoke at the weekend at the 9th Public Lecture of the Sigma Club held at the International Conference Centre University of Ibadan, in Ibadan, Oyo […]
The post Buhari inherited $63bn, borrowed $10bn in 31/2 yrs – Osinbajo appeared first on The Sun Nigeria. …