In a significant fiscal development, Nigeria's total public debt has surged to N87.38 trillion in the second quarter of 2023, a remarkable increase from N49.85 trillion in the first quarter of the same year. This alarming rise represents a staggering 75% growth compared to the previous quarter and a jaw-dropping 103.92% increase when compared to |
Four days to go: Ozekhome cautions as Buhari seeks Senate s nod for N704bn judgement debts – Blueprint Newspapers Limited: Breaking news happening now in Nigeria and todays latest newspaper headlines blueprint.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from blueprint.ng Daily Mail and Mail on Sunday newspapers.
Prevaling economic realities, especially the rising price of crude oil at the international market, and the cost of petrol subsidy, which is threatening the 36 states could worsen.
MDAs yet to remit N1 2 trillion to FG – Fiscal Commission premiumtimesng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from premiumtimesng.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) A string of poorly-received bond auctions in the past week is driving home a message the Treasuries-led global rout is leaving investors scarred and governments staring at higher borrowing costs.U.S. yields resumed their rise Wednesday after a brief lull that followed a disastrous sale of seven-year Treasury notes last week. Sovereign bond offerings from Indonesia to Japan and Germany have drawn tepid demand and at least one sale was scrapped. The push for higher rates comes as central bankers attempt to ease investors’ discomfort over the pace of the recent rise.Investors are demanding higher yields to compensate for the risk of further volatility, which may complicate efforts to finance $14 trillion worth of fiscal stimulus globally. Concerns that central banks may withdraw policy support has soured sentiment, amid mounting evidence of a faster-than-anticipated economic recovery.“Investors will be increasingly differentiating countries based on their fun