By Everest Amaefule, Abuja Wednesday, 26 Jan 2011 Nigeria’s total debt stock now stands at about $34.6bn (N5.19tn), the Director-General, Debt Management Office, Dr. Abraham Nwankwo, has said. Nwankwo, who disclosed this on Tuesday at an interactive session with newsmen in Abuja, noted that 86.71 per cent (N4.5tn) of the total […]
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Nigeria’s total debt now $34.6bn – DMO
By Everest Amaefule, Abuja Wednesday, 26 Jan 2011 Nigeria’s total debt stock now stands at about $34.6bn (N5.19tn), the Director-General, Debt Management Office, Dr. Abraham Nwankwo, has said. Nwankwo, who disclosed this on Tuesday at an interactive session with newsmen in Abuja, noted that 86.71 per cent (N4.5tn) of the total […]
April elections: CBN moves to check inflation … raises interest rate to 6.5%
By Ifeanyi Onuba, Abuja Wednesday, 26 Jan 2011 The Central Bank of Nigeria on Tuesday moved to check inflation ahead of the April elections by increasing the Monetary Policy Rate by 25 basis points, from 6.25 per cent to 6.5 per cent. The MPR is the anchor rate at which the […]
