Group raises alarm over Nigeria's huge debt profile
Economy

Group raises alarm over Nigeria’s huge debt profile

…says Nigeria may become bankrupt because of her huge debt profile. The Civil Society Legislative Advocacy Centre (CISLAC) has raised the alarm that Nigeria may become bankrupt because of her huge debt profile. The director of the group, Auwal Rafsanjani expressed the concernspoke in Abuja on Thursday. The activist called for the activation of relevant provisions

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Nigeria govt targets more borrowing to fund budget deficit – DMO 1
News

Nigeria govt targets more borrowing to fund budget deficit – DMO

The Debt Management Office (DMO) said on Wednesday the Federal Government planned to increase its concessionary long-term loans from home and abroad to finance budget deficits and other obligations in the coming years In a statement on the federal government’s Medium-Term Debt Management Strategy (MTDS), DMO said this is part of the plan to increase

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