Finance
UN says Nigeria’s economic growth to decline in 2024
The United Nations (UN) has project that Nigeria’s economic growth may decline in 2024 due to the country’s rising debt,...
DMO unveils first savings bond for 2024
The Debt Management Office (DMO) has unveiled the first bond offering for 2024, comprising two Federal Government of Nigeria (FGN)...
UN forecasts 2.4% global growth slowdown in 2024
The UN’s World Economic Situation and Prospects (WESP) report for 2024 projects slowdown in global growth from an estimated 2.7...
Nigeria’s domestic debt hits N52 trillion
Nigeria's total domestic debt stock has risen by 133.95 percent to N51.96 trillion as of the end of 2023. Director-General...
DMO auctions four FGN’s N360billion bonds
The Debt Management Office (DMO), has announced the offer for subscription of four Federal Government of Nigeria (FGN) bonds valued...
Customs fixes N783/$ forex for duties’ collection
The Nigerian Customs Service (NCS) has effected an upward review of its tariffs and duties 757.023/$ to N783.174/$ as of...
FGN Treasury Bills subscriptions hit N875.8 billion
Nigerian Treasury Bills issued on Wednesday, November 8, 2023, recorded an oversubscription of 182.4%. The Central Bank of Nigeria (CBN)...
FEC approves N2.1 trillion supplementary budget for 2023
The Federal Executive Council (FEC) has approved the supplementary budget of N2,176,791,286,033for the year 2023. This is the second supplementary...
Who will bail developing economies from debt burden?
By Kadiri Abdulrahman Debt management featured prominently at the recently concluded annual meetings of the World Bank Group, which also...
Minister says $10 billion forex inflow expected in weeks
The foreign exchange market will soon witness some stability as the country is expecting an inflow of $10 billion in...