The presidential candidate of the Labour Party in the 2023 election, Peter Obi has lamented the Federal Government’s borrowing spree and the increasing debt profile. In...
Presidential candidate of the Labour Party (LP) in the 2023 election, Peter Obi, has cautioned President Bola Tinubu against taking more foreign loans without first accounting...
Nigerians with non-performing loans hanging on them, are set to be publicly disgraced as the one-month grace period ends today, Wednesday 5 January. Jude Nwauzor, spokesman...
Amid concerns Nigeria’s 2022 Budget is loan-backed and bogged down by debt financing, President Buhari’s administration will be spending almost a trillion Naira on items that...
Former President Olusegun Obasanjo, has warned President Muhammadu Buhari to stop taking external loans as his administration is accumulating debts for the future generations. Obasanjo who...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
Nigeria’s dwindling finances came under intense pressure again in the first five months of the year, as the federal government borrowed at least N1.3 trillion to...
Speaker of the House of Representatives Rep. Femi Gbajabiamila on Monday convened a meeting of some African Speakers of Parliaments where it was agreed that there...
Former President Olusegun Obasanjo on Friday lamented the rising debt profile of Nigeria, saying the country risks going bankrupt over the appetite of the government for...
The Asset Management Corporation of Nigeria (AMCON) on Monday revealed that it has taken over two choice properties belonging to a former Supervising Minister for Mines...
The sum of N1.094.22 trillion was spent by the Federal Government on foreign debts servicing, with N1.044 trillion going in for the same reason for local...
