FINANCE

Photo courtesy of Guardian NGR and powered by Zenith Bank

Photo courtesy of Guardian NGR and powered by Zenith Bank

Notable Economists and leading investment experts, yesterday, in Abuja, expressed anger and bitterness over the county’s rising public debt, saying that the situation could lead the country back into a vicious cycle of…

Photo courtesy of Guardian NGR and powered by Zenith Bank

Photo courtesy of Guardian NGR and powered by Zenith Bank

Photo courtesy of Guardian NGR and powered by Zenith Bank

Two years after the administration of President Muhammadu Buhari announced that the country was in advanced talks with China for a currency swap deal, the scheme has failed to take off.The development now appears like a similar move…

Photo courtesy of Guardian NGR and powered by Zenith Bank

Photo courtesy of Guardian NGR and powered by Zenith Bank

President Muhammadu Buhari says Nigeria’s economy has made “considerable progress” on its journey out of recession. The president said this on Thursday while commissioning a sugarcane farm in Mokwa, Niger State. The…

Photo courtesy of Guardian NGR and powered by Zenith Bank

The Nigerian government borrowed N4.365 trillion in 2017, bringing the country’s total debt stock to N21.725 trillion.The Debt Management Office (DMO) made the disclosure during a press conference in Abuja yesterday. The new debt…

The Central Bank of Nigeria (CBN) on Sunday disclosed that the nation’s external reserves currently stands at $46 billion, saying the figures are steadily heading towards the $50 billion mark.…

Photo courtesy of Guardian NGR and powered by Zenith Bank

Photo courtesy of Guardian NGR and powered by Zenith Bank