In June, the nation’s 2017 fiscal bill of N7.44 trillion (about $24.5 billion) was enacted into law. But in it, $7.5 billion (about N2.3 trillion is short of revenue target...

At the close of the first quarter of 2017, Nigeria’s domestic debt stock had climbed to N11.971 trillion from N6.201 trillion five years earlier in the year 2012 within the period under review.

The Director General, Debt Management Office (DMO), Abraham Nwankwo, urged operators to mobilise funds among them and facilitate capital raising in the market.

The brewing misunderstanding is coming as the Debt Management Office (DMO) told the Senate yesterday that Nigeria’s economic downturn had not reached the point of seeking debt forgiveness from creditors.

Nigeria is considering a new debt service provisioning of N361 billion ($1.2 billion) for the $1 billion (N305.1 billion) Eurobond which was acclaimed to have been over-subscribed.

The Federal Government has released N831 billion for the execution of the capital projects in the 2016 budget.

It is not always that we find a work of literary art being used to dispassionately dissect contemporary economic and social issues the way Dr. Abraham Nwankwo has done, using his book, Through the Storm (Evans Publishers, Ibadan).

The Senate yesterday ordered the refund of N263,931,254,708.51 billion allegedly diverted from the Tertiary Education Trust Fund (TETFUND) by the Federal Government.

The director-general of Nigeria's Debt Management Office (DMO) has explained why President Muhammadu Buhari wanted to borrow $29.96 billion as part of the 2016 – 2018 External Borrowing Plan.

The maximum amount that Nigeria can borrow in 2017 from both local and foreign sources is $22.08 billion without it violating its debt threshold, the Debt Management Office (DMO) said.

This is another wild goose chase by the APC-led Federal Government to fix the economy because they are creating the same scenario as we read in William Shakespeare’s classic play, The Merchant Of Venice.

Nigeria’s foreign exchange reserves have plummeted to a new low of $24.88 billion, indicating dwindling confidence in the economy, despite reassurances by authorities.