Debt: FSDH Advises FG To Issue Zero-coupon Bonds The FSDH Merchant Bank has suggested that the Federal Government should consider issuance of zero-coupon bonds to manage the high interest expenses on the debt. It stated this in its monthly economic and financial markets outlook titled, ‘Economy...

Highly Indebted States: Lagos Debt Hits N1.043trn in 2018- Investigation … High Indebted States: Lagos, Rivers, Osun, Kaduna, Imo .… Low Indebted States: Yobe, Jigawa, Kwara, Ondo, Ebonyi Lagos State, South West Nigeria, is number one among the Highly Indebted States in Nigeria in both external and...

35m Subscribers May Be Disconnected Over N180 billion Debt Owed By Operators • NCC grants MTN, Airtel, ATC approval to disconnect debtor firms   The Nigerian Communications Commission (NCC) has granted disconnection approval to mobile network operators (MNOs) to disconnect owing colleagues over rise in interconnect debt...

Debt: FG Slashes Treasury Bills Issuance By N1.27trn   As part of efforts to manage its debt profile, the Federal Government reduced the total Nigerian Treasury bills issued and allotted by N1.27trn in June this year to N1.65tn from N2.92tn in the same period of 2017,...

50% Revenue Used For Servicing Nigeria's Debt – IMF   The International Monetary Fund on Thursday painted the precarious situation of the nation’s economy in particular and Sub-Saharan Africa’s, in general, going by how much the country and the region spend on debt servicing. According to the...

Nigeria Has Room To Borrow More - Udoma Nigeria still has ample room to borrow more whenever it needs to do so, the Minister of Budget and National Planning, Senator Udo Udoma, has said. He explained that the country was not running any debt risk, adding...