STRAY BULLET

The Director General of the Debt Management Office (DMO), Ms. Patience Oniha, has solicited the support of the media in informing Nigerians on the management of the country’s debt stock and government’s drive towards infrastructural development. Oniha, who made the call in Lagos weekend when she met some editors, gave …

The Federal Executive Council has approved the refinancing of part of the country’s domestic debt through external borrowing. Minister of Finance, Mrs. Kemi Adeosun, who disclosed this after the Federal Executive Council (FEC) meeting, allayed fears of increased borrowing, insisting that instead of borrowing Naira, “we are now borrowing dollars …

The sweet simplicity of the steep per cents attains bitterness and an unparalleled form of ugliness in the currency-activated halls and offices of Nigerian banks even as you read. About seven years after he retired as chairman of First Bank of Nigeria Ltd, echoes of Oba Otudeko’s reign still reverberate …