borrowing

2025 budget: N13trn deficit to be financed through borrowing — Edun

MINISTER of Finance and Coordinating Minister for the Economy, Mr Wale Edun, on Monday said the N13 trillion deficit in…

5 months ago

N121.86trn debt: Borrowing is fine if used productively — Peter Obi

Peter Obi, the Labour Party's presidential candidate in the 2023 election, has expressed concern over Nigeria's escalating debt levels, emphasising…

10 months ago

The borrowing spree and the dangers ahead!

THE recent revelation made by the Central Bank of Nigeria (CBN) that the huge sum of $15.55bn was used for…

10 months ago

Peter Obi expresses concerns over incessant borrowings by APC administration

Presidential candidate of the Labour Party (LP) in the 2023 elections, Mr Peter Obi, has lamented the huge debt profile…

1 year ago

Cost of borrowing to rise as CBN raises benchmark interest rate to 24.75%

The Central Bank of Nigeria (CBN), after its second Monetary Policy Committee (MPC) meeting for the year on Tuesday, further…

1 year ago

Only quick return to regionalism will end borrowing, looting —Omole

Dr Wale Omole, the founder of Tai & Sheila Hospitals and the pressure group, National Problems and Solutions (NPS), currently…

1 year ago

Tinubu govt flouting CBN Act, law on Ways and Means Borrowing —Obi

Candidate of the Labour Party (LP) in the 2023 presidential election, Mr Peter Obi, has chided the President Bola Tinubu…

1 year ago

FG ends borrowing for now — Minister of finance

The federal government has said that it is no longer in a position to borrow more money but will rather…

2 years ago

Firms, individuals resort to CPs to mitigate high cost of borrowing

DATA from Financial Markets Dealers Quote (FMDQ) has shown that short-term Commercial Papers (CP) issuances surpassed bond issuances, indicating increased…

3 years ago

Excessive borrowing will plunge Nigeria into slavery ― COSEYL

The Coalition of South East Youth Leaders (COSEYL), the apex socio-political youth group in the South East geopolitical zone has…

3 years ago

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