Tag "Borrowing"

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Kwara Govt Denies Borrowing N93bn

Abdul Salaudeen, Ilorin Kwara State Government has denied borrowing N93 billion over the last three years, describing the claim by Saheed Popoola as false and “totally out of line.”  A statement by the Commissioner for Communications, Bode Towoju, said the

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FG Excessive Borrowing From CBN Threatens Exchange Rate, Others

As private sector borrowings hit N5.16trn Charles Ebi Federal Government’s excessive borrowing from the Central Bank of Nigeria through the Means and Ways Advances window can have adverse effects on the apex bank’s monetary policy and subsequently harm domestic prices

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Borrowing From Unclaimed Dividends, Others

As the Federal Government, FG, continues in its effort to stabilize the economy and steer the nation off recession, it has taken several unparalleled steps that have attracted various responses from an array of both economic experts and analysts. While

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Endless Borrowing: FG Turns To Shareholders Dividends, Dormant Accounts

Cyril Ogar The Federal Government plans to borrow unclaimed dividends and funds in dormant account balances of Deposit Money Banks. It disclosed this under Part XII of the Companies and Allied Matters Act in the signed Finance Act 2020. Under

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