The Debt Management Office, DMO, has put Nigeria’s debt as at September this year at $8.2 trillion which he said is 22 per cent of the total Gross Domestic Product, GDP.
The Director General of the office, Dr. Abraham Nwankwo,...
The Chairman of Heirs Holdings, Mr. Tony Elumelu and the Executive Secretary of the United Nations Economic Commission for Africa (UNECA), Carlos Lopes, have argued that responsible resource-based industrialisation could influence Africa’s economic growth.
Elumelu and Lopes made this assertion...
The federal government will require a yearly investment of $9.4billion in the power and gas sectors to fuel the projected power growth that would be engendered by the recent sale of the assets of the Power Holding Company of...
As the 2015 Millennium Development Goals (MDGs) deadline draws closer, Nigeria is said to require N4 .2 trillion annually to completely achieve all the set eight goals.
While receiving a delegation from the International Monetary Fund (IMF) in her office,...
The Central Bank of Nigeria (CBN) has lent banks and discount houses N5.74 trillion to boost liquidity. The figure is an increase of 124.4 per cent compared to the N2.56 trillion in the preceding quarter.
The fund, which came as...
OUR editorial of Monday, November 18, entitled, Jonathan, Okonjo-Iweala and waivers, has triggered a ferocious response from the Federal Ministry of Finance. Though the rejoinder was dripping with invectives, it dodged the kernel of the issues raised in the...
