DMO defends government borrowings from pension fund
As opinions vary on whether or not the Federal Government should continue to borrow from over N10trillion pension contributions for infrastructure development, the Debt Management Office (DMO), has defended that there was nothing untoward about the development.
Borrowing from pension fund could compromise scheme, erode confidence — Workers
On Tuesday, December 31, the African Development Bank (AfDB) openly endorsed the idea of African countries spending part of their pension funds on infrastructure development.
‘Regulatory capture’ cause of mutilated naira notes in circulation, other malfeasance by banks, says Owoh
Commercial banks in the country may be having dominion over the Central Bank of Nigeria (CBN), resulting in the apex bank losing the regulatory grip over them, thus paving way for a free reign of malfeasances...