Nwankwo Tasks African Countries On Economic Transformation Through Debt Financing

Nwankwo Tasks African Countries On Economic Transformation Through Debt Financing

Former Director General of the Debt Management Office (DMO) in Nigeria, Dr Abraham Nwankwo, has advised African leaders to initiate robust macroeconomic, transformation plans to drive debt-financed sustainable economic growth and prosperity.  Speaking on the topic “Sapping Africa’s Debt Financing...
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DMO boss seeks Editors’ support, explains focus on loan repayment, utilisation

DMO boss seeks Editors’ support, explains focus on loan repayment, utilisation

The Director General of the Debt Management Office (DMO), Ms. Patience Oniha, at the weekend in Lagos s solicited the support of the media in informing Nigerians on the management of the country’s debt stock and government’s drive towards infrastructural.....
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Adeosun: FG complied with rules in disbursement of Paris club refunds

Adeosun: FG complied with rules in disbursement of Paris club refunds

The Federal Government has consistently complied with all extant rules and regulations in the disbursement of Paris Club refunds to State Governments, the Minister of Finance, Mrs. Kemi Adeosun, has said. The minister also  reaffirmed the commitment of the g...
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CBN implores FG on domestic debt

CBN implores FG on domestic debt

As part of measures to protect the integrity of the financial system, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has called on the Federal Government to evaluate its domestic indebtedness and put modalities in place...
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FG expends N1.1tri on debt servicing in nine months

FG expends N1.1tri on debt servicing in nine months

The Federal Government has spend not less than N1.1 trillion on debt servicing in the last nine months, the Minister of Budget and National Planning, Senator Udoma Udo Udoma, has said.  According to the minister, this also includes N44 billion...
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