Wednesday, 10th August 2022
Breaking News:


18 Oct 2019
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, on Thursday, said there were debts owed by states and government enterprises that had not been captured.
2 Oct 2019
The Nigerian Stock Exchange (NSE) has increased its total assets to N29.07 billion in its 2018, against N26.69 billion recorded in the corresponding period in 2017.
26 Sep 2019
The Debt Management Office (DMO) yesterday raised N146.60 billion to fund the 2019 federal budget. Its Director-General, Patience Oniha, said the money was raked from the monthly auction of FGN Bonds it conducted for three Instruments with tenors of five-year
21 Aug 2019
At the risk of sounding immodest, I should like to state that my voice had been among the “Doomsday prophets” who foresaw, with rather a mathematical exactitude, Nigeria’s extant existential woes.
13 Aug 2019
I had followed the altercations in the public space between Governor Emeka Ihedioha of Imo State and his immediate predecessor, Mr. Rochas Okorocha.
11 Aug 2019
The immediate past governor of Oyo State, Abiola Ajimobi, says his administration had the best debt profile in the country. Ajimobi told newsmen on Sunday at his Ibadan residence after the Eid-el-Kabir prayers...
25 Jul 2019
Debt Management Office (DMO) Nigeria, has listed the second ₦100 billion, seven-Year, FGN Sukuk due to mature in 2025, on the Nigerian Stock Exchange (NSE) platform.
16 Jul 2019
Rising indebtedness may be a global phenomenon, but the debt levels of developing countries are amplifying their economic vulnerability, the United Nations Conference on Trade and Development’s (UNCTAD) new research warns.
11 Jul 2019
Amidst concerns by the Bretton Woods Institutions, including the International Monetary Fund (IMF), and World Bank over Nigeria’s ability...
18 Jun 2019
The Federal Government has offered for subscription by auction N100 billion worth of bonds in its June 26 auction, the Debt Management Office (DMO) said. The offer circular obtained from its website on Tuesday in Abuja, stated that it would sell N30 billion of a five year re-opening issue maturing in April 2023 at 12.75…
16 Jun 2019
The Transition Committee set up by Gombe State Governor, Inuwa Yahaya has put the state’s debt at N110bn. The Chairman of the Transition Committee, Mohammed Kabir, while presenting the Committee’s report to the then Gombe governor-elect on May 11, said Gombe State had a debt profile of N110bn as at December 2018. The 31-member transition…
14 Jun 2019
In a recent paper by Brookings on the danger of accumulation of debt by African countries, he expressed concerns for African countries racking up debts.


57 mins ago
The internal strife rocking the nation’s major opposition Peoples Democratic Party (PDP) six months to presidential election did not show signs of abating yesterday as peace talks between the party’s presidential candidate, Atiku Abubakar, and Rivers State governor, Nyesom Wike, remained in abeyance.
1 hour ago
The Independent National Electoral Commission (INEC), yesterday, denied doctoring and backdating documents to accommodate nominations of Ahmad Lawan and Godswill Akpabio as senatorial candidates for the 2023 general elections. INEC also said it is yet to recognise “any of the two personalities as a senatorial candidate.”
1 hour ago
Coming on the heels of a growing concern about Nigeria’s rising population, a new study by the International Monetary Fund (IMF) highlights “new fertility facts” that are challenging old theories on the relationship between childbearing, years of education and income level.
1 hour ago
The upstream segment of the petroleum industry is possibly the first target in the push against continuous use of fossil fuels. By halting funding for oil and gas exploration and production, most clean energy activists believe...
1 hour ago
Governor Douye Diri has assured of Bayelsa State’s collaboration to tackle oil theft, which he stressed, poses a serious threat to the Niger Delta region.