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N21.73trn Debt: Economist Cautions FG On External Borrowings

N21.73trn Debt: Economist Cautions FG On External Borrowings   An economist, Prof. Sheriffdeen Tella, on Monday described the nation’s debt stock of N21.73 trillion as worrisome and urged the Federal Government to stop external borrowing. Tella, a professor of Economics at Olabisi Onabanjo University, Ago-Iwoye, Ogun,...

T-bills: FG To Repay N482bn Debt In Q2

T-bills: FG To Repay N482bn Debt In Q2   The Federal Government is planning to repay N482bn of treasury bills in the second quarter and will halve the amount it wants to raise between March and May to lower borrowing costs, according to a debt auction...

Nigeria’s Debt, Efficiency Worrisome Says Experts

Nigeria’s Debt, Efficiency Worrisome Says Experts   Economists and experts have expressed worry over the utilisation of Nigeria’s growing debt profile. In a report in Abuja on Monday, some experts who reacted to the worries expressed by the United States over Nigeria and Africa’s growing debt profiles...

AMCON expresses Concern over Failure of Debt Recovery efforts

Asset Management Corporation of Nigeria, AMCON, has expressed concern over failure of its debt recovery efforts. Consequently, the corporation is seeking the support of the Senate to review its enabling Act for the purpose of enhancing its debt recovery efforts. Managing Director/Chief Executive Officer of...