FG’s borrowing to fund budget threatens businesses, economists warn

ECONOMISTS have said that the Federal Government's reliance on borrowing to fund the annual budget is pushing the cost...

Nigeria’s debts have exceeded limit, contravened law – Adebajo

THE chief executive of CFG Advisory, Adetilewa Adebajo, says borrowings by the Debt Management Office (DMO) have exceeded the...
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Nigeria’s credit rating sinks further – Standard and Poor’s

STANDARD & Poor’s global ratings release showed that  Nigeria’s sovereign credit rating sank to ‘B-’ due to crashing international...

CBN releases operational guidelines for Micro finance banks in Nigeria

THE Central Bank of Nigeria (CBN) on Thursday released guidelines for the operations of Micro Finance Banks (MFB) in...
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CBN predicts static inflation rate for next six months

THE Central Bank of Nigeria (CBN) has said that the current inflation rate of 11.98 percent would remain static...

DMO Advises FG Against Excessive Borrowing

Nigeria’s Debt Management Office, DMO, has said that the maximum amount of money the country can comfortably borrow in 2017 is $22.08 billion, as anything more will violate the country-specific threshold.
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