Tag Archives: finance

‘Nigeria is not broke’ Finance minister, Zainab Ahmed, says FG not defaulted in debt repayment

Zainab Ahmed, minister of finance, budget and national planning, says Nigeria is not broke. Ahmed spoke on Thursday at the presentation of President Muhammadu Buhari’s administration scorecard (2015-2023). The minister’s comments come amid criticism of the Buhari administration for copious borrowings believed to have sapped the country’s coffers dry. Data …

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    ‘eNaira’ CBN is liable

    The Central Bank of Nigeria (CBN) owes a high duty of care to each and every holder of the E-wallet account and has a fiduciary duty to all such account holders, and can be held liable for negligence irrespective of any terms and conditions in the E-wallet app or website. …

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