Nigeria’s debt profile

 The Federal Government has assured Nigerians that there is no cause for alarm over the country’s debt profile both domestic and external as being speculated by scaremongers. The Minister of Information and Culture, Alhaji Lai…

The Minister of Power, Works and Housing, Mr Babatunde Fashola, and his counterpart in the Ministry of Finance, Mrs Zainab Ahmed, justified the increasing borrowing of the current administration since it came to power. Speaking on…

The Debt Management Office (DMO) revealed that the country’s debt profile has risen to N22.43tn, as of last quarter of 2018. It will be recalled that, as of June 30, 2015, the country’s total debt stood at N12.12tn. This implies that  …