What's new Search

Home
Tags

foreign loans

Nigeria Nigeria's $51bn Debt and Shrinking Revenues Signals More Hardship for Citizens

Image by Oluwaseyi Aiyeobasan from Pixabay In a sobering assessment of Nigeria's financial health, the Federal Government has voiced alarm over the country's escalating public expenditure in the face of diminishing revenue streams. Punch Newspapers reports that the Accountant General of the...
- siteadmin
- Article
- Nov 9, 2023
- 2 min read
- accountant general of the federation armstrong katang fiscal responsibility foreign loans government revenue nigeria debt crisis oluwatoyin madein
- Category: Politics
P
Business CBN Mandates Banks To Review Provision For Foreign Loans

The Central Bank of Nigeria (CBN), yesterday, directed banks to review the money set aside for non performing foreign currency loans based on the exchange rate of the naira in the interbank market. The Director of Banking Supervision Department, CBN, Mrs. Tokunbo Phillips, gave the directive...
- ProfRem
- Thread
- Jul 28, 2016
- cbn foreign loans nigeria news nigerian banks nigerianbulletin tokunbo phillips
- Replies: 0
- Forum: Business News Links

Home
Tags

This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.

Accept Learn more…