By  Leke Baiyewu The Budget Office of the Federation has said Nigeria now has a “limited borrowing space” due to its poor debt-to-revenue ratio, stressing that “trouble” looms for the country if it exceeds its limits. The Director-General of the Budget Office, Ben Akabueze, while addressing ...

Yinka Kolawole & Nkiru Nnorom, LAGOS The Debt Management Office, DMO, yesterday attributed Nigeria’s growing debt stock to budget deficits, continuous issuance of promissory notes and other borrowings as well as low revenue generation. On the way out of the debt quagmire, the Lagos ...

By Ogaga Ariemu Economic experts have said Nigeria cannot continue on the path of indebtedness amid incompetence and inefficiency. The economic analysts were reacting to the All Progressives Congress, APC, presidential candidate, Bola Ahmed Tinubu’s recent comment on Nigeria’s 2023 ...

*Elevated oil prices to bolster foreign reserves, reduce pressure on naira  *FDC insists Nigeria’s fiscal space overheating  *Predicts country may approach IMF for debt restructuring Emmanuel Addeh in Abuja Financial Derivatives Company Limited (FDC), one of Nigeria’s foremost sources ...