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Don’t float $2.8bn Eurobond, Ezekwesili tells FG

US releases Russian defense firms sanctions list

A former Vice-President (Africa) of World Bank, Mrs Oby Ezekwesili, has advised the Federal Government to suspend its plan to raise 2.8 billion dollars in Eurobond to fund the 2018 budget. Ezekwesili, who was a former Minister of Education, gave the advice while speaking to newsmen in Lagos. The News Agency of Nigeria (NAN) reports […] …

FG to borrow $2.8bn with Eurobond

FG to borrow $2.8bn with Eurobond

“We have a lot of headroom to borrow, but we are not rushing to borrow more because we have to consider the foreign debt service obligations that we carry now” – Zainab Ahmed Despite its excruciating debt service burden that has already drawn the red flag of the International Monetary Fund (IMF) and other multilateral […]
The post FG to borrow $2.8bn with Eurobond appeared first on The Sun Nigeria. …

Nigeria seeks advice on Illicit flows, tax evasion by multinationals

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The Federal Government has taken twin issues of illicit financial flows, and tax evasion being committed by multinational companies to the international community for possible solutions that would stem the tide. However, Nigeria has been advised to evolve an efficient disaster response ready for any eventuality, as natural disasters are currently sweeping across countries, even […] …

Nigeria, 7 African countries in debt distress –IMF

Nigeria, 7 African countries in debt distress –IMF

Amechi Ogbonna The International Monetary Fund ( IMF) Thursday, listed Nigeria among eight African countries on its debt distressed category following the failure of their fiscal consolidation to positively impact the citizens.  Abebe Aemro Selassie, Director of the IMF’s African Department, who gave the hint at a briefing he jointly held with Nigeria’s Budget and Planning […]
The post Nigeria, 7 African countries in debt distress –IMF appeared first on The Sun Nigeria. …

World Bank admits some bias in advice to Nigeria

World Bank admits some bias in advice to Nigeria

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