Broke? Nigeria Debt Profile Deepens As FG Borrows $2Billion From World Bank


The federal government will be taking a loan of $2 billion loan from the World Bank and the African Development Bank (AfDB) to assist in the implementation of its policies and programmes for the year. This was made known by the Coordinating Minister for the economy and Minister of Finance,

Is the National Assembly Broke?


A National Daily has confirmed that its investigations into the National assembly reveal that the country’s legislative arm is broke. The situation is so dire that  payment of monthly salaries to lawmakers, their aides and members of staff, are not being met and the management is worried.

Okonjo-Iweala: Nigeria Lacks Institutions, Systems & Processes to Prevent Corruption


Minister of Finance, Ngozi Okonjo-Iweala, said on Tuesday that corruption persisted in the country because Nigeria lacked the institutions, systems and processes to prevent it. Okonjo-Iweala made this known when she spoke on the Topic: Preventing Leakages in the Nigerian Economy at the Catholic Caritas Foundation Forum in Abuja. According