Friday, 2 Jul 2010       Vice-President Namadi Sambo has charged the Debt Management Office to source cheap funds to enhance national economic growth and development.He said this on Thursday, while chairing the meeting of the DMO supervisory Board at the State House, Abuja.   The vice-president said, “The need […]

  By Sunday Ojeme with agency report Friday, 2 Jul 2010    The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, has said that the CBN plans to clear the toxic debts from the banking system by the end of the year as it tries to revive lending […]

  Jul 2, 2010 By   Abuja—The Senate, yesterday, agreed to cut the N4.3 trillion 2010 Budget expenditure by N400 billion with the Amendment Bill passing a second reading.The Appropriation Act originally empowered the Federal Government to spend N4.3 trillion, with N183.575 billion as statutory transfer and N542.38 for debt […]