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External borrowing

Senate Rejects Buhari’s Request To Borrow $29.960 Billion

The Senate has turned down the request of President Muhammadu Buhari to borrow about $30 billion. When the request came up for consideration at the Senate on Tuesday, and the Senate President, Bukola Saraki called for a voice vote, the response was an overwhelming ‘nay’.

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.

Recent

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ICIR Twitter conversation looks deep into the IELTS controversy

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Borno Police arrest 51 suspects, recover fake military official stamp

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As Nigerian government slumbers, N144bn Aba shoe industry crawls

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