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PDP governors condemn CBN, Buhari over rising debt profile

By Wisdom Deji-Folutile The Peoples Democratic Party Governors Forum has condemned the rising debt profile of Nigeria. The forum met on Monday in Uyo, the Akwa...

Nigeria’s total public debt hits N33.107tn

  The Debt Management Office (DMO) says Nigeria’s Public Debt Stock is N33.107 trillion (about 87.239 billion dollars). A statement obtained from DMO’s website says that...

Recovered £4.2m Ibori loot returned to Delta State –Accountant-General

The Accountant-General of the Federation, Ahmed Idris, has said the £4.2m looted by a former governor of Delta State, James Ibori, which the Federal Government...

CBN devalues naira to 410.25

  The Central Bank of Nigeria has  devalued the naira by 7.6% against the dollar. It has  on Tuesday replaced the fixed rate of 379 naira...

Budget deficit: Buhari seeks  N’Assembly’s approval to borrow  N2.3tn 

The Senate on Tuesday received a request from President Muhammadu Buhari to raise the sum of N2,343,387,942,848 from multilateral and bilateral lenders, as well...

Nigeria’s inflation rate drops to 18.12 per cent

The rate of inflation in Nigeria dropped slightly in April 2021, shedding 0.05 per cent to close at 18.12 per cent in the month...
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