Nigeria Could Potentially Accrue A Debt Of N77 Trillion Before Mid-2023

Debt

FG has revealed that Nigeria‘s dept could hit N77 trillion by May. EKO HOT BLOG reports that the Director-General of the Debt Management Office (DMO), Patience Oniha, has predicted a high increase in the country’s debt before the end of the Muhammadu Buhari-led administration. The director-general made this known in Abuja on Wednesday during the … Read more

NBC Reviews Shutdown Order Of AIT, Silverbird, Others, Over Intense Pressure

NBC

NBC Reviews Shutdown Order Of AIT, Silverbird, Others, Over Intense Pressure EKO HOT BLOG reports that the National Broadcasting Commission (NBC) has reviewed the sanction imposed on AIT/Ray Power FM, Silverbird TV Network and 50 other broadcast stations.   On Friday, NBC Director-General, Malam Balarabe Ilelah, had announced the revocation of the licences of the … Read more

Nigeria’s Rising Dept Makes Me Worried About The Future Generations Says Obasanjo

Obasanjo

Former President Olusegun Obasanjo says rising debt makes him worried about the future generations who would have to pay such loans. Ekohotblog understands Olusegun Obasanjo stated this during his speech at “The Nigerian Story, Why I am Alive Campaign”, which held on Friday in Lagos. Obasanjo said as of 2015, Nigeria’s total external debt was … Read more