DMO Raises N1.9trn From Bonds In Eight Months         As the debate over borrowings and Nigeria’s debt stock continues, analysts at FBNQuest Research, an arm of the First Bank Group, are presenting a line of argument indicating that the debt stock is still manageable at the...

Nigeria’s Foreign Trade Deficit Drops To N1.9trn       Nigeria’s foreign trade deficit narrowed by 110.9 per cent to N1.87 trillion in the second quarter (Q2) compared with the first quarter on account of an increase in the value of oil export. According to foreign trade data released...

Banks Cancel N1.9trn Bad Loans     Commercial banks have written off N1.9 trillion bad loans from their books in the last four years, a report by Agusto & Co, a credit rating agency has said. This was contained in the Agusto & Co 2020 Banking Industry Report...

FMPWH Gets Highest Share As 2018 Capital Spending Hits N1.9trn The Ministry of Power, Works, and Housing has got N347.52bn, which is the highest amount so far released to any ministry as the 2018 capital spending hit N1.9trn. Between June 20, 2018, when the 2018 budget...

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...

Crude: States Get N1.9tr Excess Account Loans   The Federal Government said, as of September 2017, it has disbursed a total of N1.91 trillion loans to states from the Excess Crude Account (ECA), the budget support facility and the Paris Club refunds. Vice President Yemi Osinbajo said...