Archives for June 22, 2018
2018 Budget: FG To Borrow N1.6tn To Fund Deficit — Udoma
President Muhammadu Buhari flanked by the Vice President Prof Yemi Osinbajo Signs the 2018 Budget. Others are Chief of Staff, Mallam Abba Kyari, Chairman Senate Committee on…
Asset Sales: AMCON Restructures; Seeks Speedy Disposals Strategies
L-R: Mr. Aliyu Abubakar Kalgo, Head, Asset Sales, Asset Management Corporation of Nigeria (AMCON); Executive Directors of AMCON, Dr. Eberechukwu Uneze and Mr. Aminu Ismail; Osy Chijioke Kamalu,…
Nigerian Banks Lose N12.30 Billion To Fraud In Four Years – NIBSS
Nigerian Inter-Bank Settlement System (NIBSS), on Thursday said the banking industry lost the sum of billion to various frauds between 2014 and 2017. Mr Adebisi Shonubi,…
SEC takes Financial Inclusion Campaign to Grassroots
In line with the determination of the nation’s financial authorities to achieve 80 per cent rate in financial inclusion by 2020, the Securities and Exchange…
Increased Domestic, Foreign Borrowings Push Public Debt To N22.7trn in Q1
Increased domestic borrowing by state governments as well as rising foreign borrowing by the federal government have pushed Nigeria’s public debt by percent to trillion in the first quarter…
Moghalu blames Nigeria’s N22.7 trillion Debt on Buharis Adimistration … Says his Budget Imposes High Debt Toll on Future of Young Nigerians
On signing the 2018 appropriation bill into law, yesterday, at the Presidential Villa in Abuja, President Muhammadu Buhari immediately relaunched the blame game that has delayed the budget for six…