What if the declining FAAC allocation continues upon jumping debt profile?
Taking a cursory look at the observed flow of the ‘Abuja Monthly Handouts’ to the three tiers of government in Nigeria in the last two months; September and October, there is declining trend in amounts so shared out. Otherwise, the…
Appealing digital products best for financially excluded Nigerians—Jalo-Waziri
…As DMO seeks literacy advocacy for the grassroots’ More expert views are still coming in to drive financial inclusion ahead of target year of 2020 when the country is expected to be on the pedestal of full financial inclusion in…
2019 budget: FG’s plan to borrow N1.6tn may crowd out SMEs’ from banks
Strong indications have emerged revealing that contrary to the target of the Monetary Policy Committee (MPC), who voted to cut MPR from 14 to 13.5 per cent is to improve banks’ capabilities to give credit to Small and Medium Enterprises…
Can Nigeria survive additional borrowing of $46bn in funding railway dev?
The recent revelation by Minister of Information, Alhaji Lai Mohammed, that the President has given him approvals to borrow $46 billion from Russian Exim Bank and an undisclosed amount from India to complete the railway project has raised fears of…
DMO plans nationwide road show to drive N100bn Sukuk
The Debt Management Office (DMO), on Thursday announced plans to embark on a national road shows beginning with Lagos ahead of issuance of the much awaited N100bn non-interest bearing Sukuk bond. The road show is to create awareness about the…
