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NESG warns against rising external debt after $2.35bn eurobond issuance

Business Pointer Admin3 weeks ago3 weeks ago03 mins

By Seun Ibiyemi The Nigerian Economic Summit Group (NESG) has cautioned that Nigeria’s growing reliance on external borrowing could threaten economic stability, following the country’s recent $2.35 billion Eurobond issuance. In its latest economic outlook titled “2025Q4 Capital Importation Alert,” the group acknowledged that Nigeria’s return to the international capital market signals renewed investor confidence…

Oyedele vows fiscal reforms as Minister of State for Finance

Business Pointer Admin2 months ago2 months ago03 mins

By Seun Ibiyemi Newly sworn-in Minister of State for Finance, Taiwo Oyedele, pledges full support for Nigeria’s fiscal reforms and economic management, promising efficient revenue mobilisation and debt sustainability. Oyedele took the oath of office before President Bola Tinubu at the Presidential Villa, Abuja, describing the opportunity to serve at the highest level as a…