Author: Terrence Cons

The Debt Management Office of Nigeria has revealed that Nigeria’s public debt surged to N97.34trn ($108bn) as of the fourth quarter of 2023. DMO disclosed this in a statement made available to journalists on Friday. Public debt is one of the ways for a country to get extra funds for economic development. This way, a […]

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Niger Republic reported the death of 23 soldiers in a surprise attack by terrorists near the borders with Burkina Faso and Mali in a western region known for jihadist attacks. Niger is governed by military leaders who took control in a July coup, citing a deteriorating security situation as reason for taking power. But jihadist […]

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The Federal Government is demanding that Federal Civil Servants on study leave provide evidence of approval obtained from the Office of the Head of Civil Service of the Federation. The Head of Civil Service of the Federation, Folashade Yemi-Esan, mentioned that the Federal Government has now put in place a mechanism for […]

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The Federation Account Allocation Committee split N1.152 trillion between the three levels of government for February 2024 from a total of N2,326.14 trillion. This information was shared in a statement signed by Mohammed Manga, its Director of Press and Public Relations, after the February 2024 meeting led by the Minister of Finance and Coordinating Minister of the Economy, …

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