October 26, 2016/Reuters The maximum amount that Nigeria can borrow in 2017 from both local and foreign sources is $22.08 billion without it violating its debt threshold, the Debt Management Office said in a report, Nigeria had a borrowing space of 5.89 percent of its GDP of $374.95 billion which […]
Updates
FGN’s Contingent Liabilities Put at N1,656bn at the end of 2015
Culled—Proshare October 26, 2016/FBNQuest Research Another release by the DMO (its 2016 Debt Sustainability Analysis Report) puts the FGN’s contingent liabilities at N1,656bn at end-2015, equivalent to 1.7% of GDP. When we add the domestic and external debt of the federal government, the latter including the foreign-currency loans of the […]
Mastercard Joins Onstar Go, the Auto Industry’s First Cognitive Mobility Platform Delivered by IBM and General Motors
October 26, 2016/MasterCard Chaiti Sen Remember those times when you were late at work and forgot to pick up dinner for your family, fill gas or pick up baby food? Mastercard is partnering with General Motors (GM) and IBM to make sure that these scenarios are a thing of the […]
