AGS NEWS – The Debt Management Office (DMO) has announced the availability of two Federal Government of Nigeria (FGN) savings bonds for subscription, priced at N1,000 per unit. The first bond is a two-year savings bond maturing on August 21, … Continue reading DMO offers two new FGN bonds
AGS NEWS – In a strategic move to address persistent power outages, President Bola Tinubu has sanctioned the phased repayment of over N3.3 trillion in power sector debts. The Federal Government will settle approximately N1.3 trillion owed to power generation … Continue reading Tinubu approves payment of N3.3tn power sector debts
Former President Olusegun Obasanjo has once again voiced his concerns regarding the escalating debt levels in Nigeria and other African countries. During an interaction with the 2023 awardees of the Future Africa Leaders Foundation, an initiative by Pastor Chris Oyakhilome, … Continue reading Future generations will have to bear the burden of current debts – Obasanjo
According to a report, Nigeria’s new President, Bola Tinubu, has officially inherited over N16.29tn worth of uncompleted projects from his predecessor, Muhammadu Buhari. These projects were identified through the national monitoring and evaluation platform called EYEMARK, which was launched by … Continue reading Bola Tinubu inherits over N16.29tn uncompleted projects
President Joe Biden and Republican leader Kevin McCarthy engaged in a productive phone conversation, marking a notable shift in the stalled talks concerning the US debt ceiling. McCarthy described the call with Biden, who had just returned from the G7 … Continue reading Positive phone call between Biden and McCarthy signals potential breakthrough in US debt ceiling negotiations
Nigeria’s borrowing capacity is being rapidly exhausted, according to Mr. Ben Akabueze, the Director General of the Budget Office of the Federation. He issued this warning during the induction ceremony for newly-elected lawmakers of the 10th National Assembly held in … Continue reading There’s limited borrowing space and troublesome situation under President Buhari – Budget Office
Renowned comedian, Bright Okpocha, popularly known as Basketmouth, has recently addressed the rumors surrounding his relationship with fellow comedian AY Makun. In a recent interview on The Honest Bunch podcast, hosted by media personality Nedu, Basketmouth set the record straight … Continue reading Basketmouth reveals that he and AY were never friends as he addresses the N30,000 debt claim
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