Why We Are Increasing Borrowing - FG
The Federal Government has said that it was increasing its borrowing in the year because of the effects of coronavirus on the nation’s revenue profile.
It also anchored the increased borrowing on unexpected spending on healthcare in a bid...
CBN Report: Firms Expect Borrowing Costs To Rise In Oct
The Central Bank of Nigeria has said its recent survey revealed that firms, including small, medium and large organisations, expect borrowing rates to increase this month.
The CBN said the September 2018 Business Expectations Survey was...
DMO Restricts FG Borrowing To N1.9 Trillion
The Debt Management Office has set the maximum limit of $6.25bn (N1.906tn) for the Federal Government’s borrowing in the 2018 fiscal year.
The DMO, in the 2017 Report of the Annual National Debt Sustainability Analysis released on Wednesday, said...