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Tag: Nigeria debts

The Managing Director and Chief Executive Officer of Financial Derivatives Company Limited, Bismarck Rewane
Banking

How FG can tackle Nigeria’s debt – Rewane

The Managing Director and Chief Executive Officer of Financial Derivatives Company Limited, Bismarck Rewane, has suggested three ways for Nigeria to tackle its debt challenge. This was outlined In the Financial Derivatives Monthly Economic Update, accessed by The Punch. Outlined options are approaching the International Monetary Fund for a policy support instrument, debt conversion, and […]

Nigeria needs debt relief - AfDB
News

Nigeria needs debt relief – AfDB

The President of the African Development Bank, Akinwumi Adesina has said that given the current debt situation of Nigeria, the country needs debt relief. According to The PUNCH, Adesina stated this at the Nigeria International Economic Partnership Forum in New York on Thursday. He explained that financing was important to addressing Nigeria’s development problems. He […]

FG owes road contractors over N11tn – Fashola
News

Fashola justifies debts incurred under Buhari regime

The Minister of Works and Housing, Babatunde Fashola, stated that all debts incurred under the regime of the president, Major General Muhammadu Buhari (retd.), are justifiable. Fashola stated this at the closing ceremony of the 28th National Council of Works meeting held in Kano on Thursday, according to The PUNCH. The former Lagos State governor […]

Nigerians bought petrol N191.65 per litre September- NBS
News

Nigeria can generate $200bn annually from non-oil revenue -Analyst

A financial analyst and Managing Director of Taurus Capital, Nnaemeka Obiaraeri, said Nigeria can service its debts and also generate $200 billion in annual revenue from non-oil proceeds. Obiaraeri said this when he was featured on Television Continental on Wednesday. He said, “Nigeria is broke, inevitably. Very very broke. If you look at the numbers. […]